KUALA LUMPUR (April 4): Here is a brief recap of some corporate announcements that made the news on Friday.

Axiata Group Bhd (KL:AXIATA) has extended the longstop date for completing its Myanmar tower business divestment to June 30, 2025. While the reason was not disclosed in its exchange filing, the extension comes after last week's deadly earthquake in the country. The share purchase agreement (SPA), originally signed on April 4, 2024, with an undisclosed buyer, was initially expected to be completed within 12 months. — Axiata extends longstop date for Myanmar tower sale by three months

Malaysia Smelting Corp (KL:MSC) has reported delivery disruptions from its Port Klang smelter due to the Putra Heights gas pipeline explosion, which has interrupted the gas supply. The timeline for fuel resumption remains uncertain, and tin shipments may be affected, according to a company executive. — Malaysia Smelting Corp warns of disrupted tin output after gas blast

Lianson Fleet Group Bhd (KL:LFG) is disposing of a vessel to a Dubai-based firm for US$6.9 million (RM30.73 million), as part of its plan to modernise its fleet and adapt to market demands in the oil and gas industry. — Lianson Fleet to sell vessel to Dubai-based firm for RM31 mil

Radium Development Bhd (KL:RADIUM) has announced its expansion into the healthcare sector, with plans to operate a 140-bed hospital in Malacca. Its wholly owned healthcare unit, A Famosa Specialist Hospital (Malacca) Sdn Bhd (AFSH), is set to construct the hospital on a 7.11-acre site in Bukit Katil. Construction is expected to begin in the second half of 2025, pending regulatory approvals, with completion and operational launch targeted for the first half of 2028. — Radium Development to diversify into healthcare with 140-bed hospital in Malacca

Mr DIY Group (M) Bhd’s (KL:MRDIY) founder and largest shareholder, Tan Yu Yeh, will step down as executive vice chairman to assume the role of group adviser. Meanwhile, his nephew, Shie Haur, will be appointed as a non-independent, non-executive director of the company. Shie Haur is currently the chief executive officer of MDIH (Singapore) Pte Ltd, a holding company with a similar business model to Mr DIY, operating in Türkiye, Spain, Vietnam, Bangladesh, Poland, Romania, and South Africa. Yu Yeh is also the major shareholder of MDIH Singapore. — Mr DIY founder Tan Yu Yeh relinquishes vice chairman post, to serve as adviser

KKB Engineering Bhd (KL:KKB) has received a favourable adjudication decision in its dispute with a contractor regarding outstanding claims totalling RM10.06 million. — KKB Engineering wins adjudication decision in payment dispute with contractor

Ho Hup Construction Co Bhd’s (KL:HOHUP) subsidiary has been ordered to pay a contractor RM7.37 million in an adjudication decision involving a dispute over payment claims. — Ho Hup ordered to pay contractor in adjudication decision