KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
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Cypark Resources Bhd has formed a consortium to jointly explore and develop energy solutions for the 186ha German Technology Park in Ayer Keroh, Melaka that could cost RM4bn.
Maxis Bhd has signed a MoU with the Malaysia Retail Chain Association, which represents 562 Malaysian retailers, to encourage the adoption of 5G technology solutions to strengthen the domestic retail sector.
Perdana Petroleum Bhd secured a RM7.3mn contract to charter an anchor handling tug and supply vessel from RUHM Marine Sdn Bhd.
Well Chip Group Bhd said it recently experienced a cybersecurity incident involving a malware attack on some of its information technology servers, which blocked off access to data contained within them.
Malayan Flour Mills Bhd announced there will be no second earnout payment from Tyson Foods Inc. related to the RM289.9mn consideration for its 49% equity disposal in Dindings Tyson Group to Tyson Foods.
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Capital A Bhd is poised to be in a positive equity position and optimistic about exiting its PN17 status by the end of December this year.
Dolphin International Bhd has changed its name to Oasis Harvest Corp Bhd, with the change taking effect at 9 am on Oct 17.
Eurospan Holdings Bhd, which posted a fivefold surge in 1QFY2025 net profit to RM23.3mn due to gains from property and investment disposals, cautioned on a challenging outlook for FY2025.
UUE Holdings Bhd saw its net profit increasing by 21.2% QoQ to RM6.7mn for its 2QFY25.
Infomina Bhd reported a 10.25% growth to RM8.0mn in 1QFY25 net profit despite a revenue decline, driven by a higher gross profit margin.
-TheStar