KUALA LUMPUR (April 10): Here is a brief recap of some notable corporate news on Thursday:

Chin Hin Group Bhd’s (KL:CHINHIN) subsidiaries, Aricia Sdn Bhd and Makna Setia Sdn Bhd, have secured RM307 million in financing facilities from AmBank Group to support several new property and infrastructure developments in the Klang Valley and Sabah and Sarawak. — AmBank grants RM307m in financing to Chin Hin Group for infrastructure projects

HeiTech Padu Bhd (KL:HTPADU) has signed two memoranda of understanding (MOUs) to form strategic partnerships in artificial intelligence (AI) computing power cloud services. The first agreement was signed with Huawei Technologies (Malaysia) Sdn Bhd and MyEG Services Bhd (KL:MYEG) to collaborate on cloud and AI-enabled smart government services. Under the second agreement, HeiTech Padu seeks to form a strategic partnership in AI computing power cloud services with Hong Kong-listed Maiyue Technology Ltd (MTL). — HeiTech Padu inks two MOUs to explore AI computing power cloud services

MSM Malaysia Holdings Bhd (KL:MSM) has been sued by Ranhill Water Technologies Sdn Bhd (RWT), a subsidiary of Ranhill Utilities Bhd (KL:RANHILL), over a failed industrial effluent treatment project in Tanjung Langsat, Johor. RWT is seeking RM3.46 million for outstanding payments and variation works, and general damages. In response, MSM has filed a counterclaim against RWT, seeking up to RM4.4 million for replacement and remedial costs, along with RM27.63 million per month in estimated losses since the project's termination. — MSM sued by Ranhill over termination of effluent treatment plant project in Johor

Toyo Ventures Holdings Bhd (KL:TOYOVEN) announced that its discussions with the Vietnamese government regarding the termination of the Song Hau 2 thermal power plant project will extend beyond the initial 45-day period for "good faith discussions". — Toyo Ventures says talks with Vietnamese govt over power plant dispute extended

YNH Property Bhd's (KL:YNHPROP) independent review of RM1.1 billion worth of joint ventures (JVs) and turnkey contracts revealed that overlapping directors and shareholdings created an interconnected network, influencing business decisions. It also found that many JV companies shared common addresses and company secretaries. — YNH Property's independent review reveals interconnected directors, shareholders in RM1.1b JV deals