5 days ago
Trading ideas: TNB, IHH, Paramount, Zetrix AI, LGMS, Handal, Econpile, Ho Wah, PMCK
KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
Tenaga Nasional Bhd has resolved a technical issue that had affected the display of July's electricity usage graph on its myTNB mobile application.
IHH Healthcare Bhd is looking to potential new markets in Indonesia and Vietnam, as the Malaysian hospital operator continues building scale to offset rising healthcare costs in the region.
Paramount Property Development Sdn Bhd, a wholly owned subsidiary of Paramount Corporation Bhd has partnered with Hong Kong-based Cathay Pacific Airways Ltd for a homeownership campaign named "Traverse with Paramount", offering Asia Miles to its homebuyers.
Zetrix AI Bhd, formerly known as MyEG Services Bhd , has increased the size of its sukuk Wakalah programme to RM2bn in nominal value, doubling the original RM1bn. Zetrix said the sukuk will primarily support the continued growth of its blockchain and AI initiatives.
Cybersecurity serve provider LGMS Bhd is proposing to acquire a 27% stake in information technology company Antarex Holdings Sdn Bhd for RM22.7mn.
Handal Energy Bhd said on the group is being sued by a firm controlled by its former managing director and substantial shareholder Sunildeep Singh Dhaliwal, over an alleged outstanding debt of RM3.1mn.
Construction firm Econpile Holdings Bhd has secured a RM27mn contract for piling and pile cap works for two 37-storey serviced apartment blocks in Kelana Jaya, Selangor.
Ho Wah Genting Bhd has redesignated executive director Lim Wee Kiat as its chief executive officer, effective July 7.
Private healthcare provider PMCK Bhd made a steady debut on the ACE Market of Bursa Malaysia, opening half a sen or 2.3% higher than its IPO price of 22 sen.
