KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
Critical Holdings Bhd
has secured a RM772.5mn engineering, procurement and construction contract to develop a high-technology industrial facility at the Kulim Hi-Tech Park, Kedah.
Globaltec Formation Bhd said its 70%-owned unit, NuEnergy Gas Ltd, has signed a USD88mn contract with PT Beijing Energy Linking to advance its coal bed methane project in Tanjung Enim, Indonesia.
Exsim Hospitality Bhd has secured a RM66.8mn contract from a related party, Dynamicz Sdn Bhd, to undertake demolition and architectural works at a Damansara Perdana development.
Newly listed MM Computer Systems Bhd has secured two 3-year contracts worth RM24.5mn for server and network maintenance support.
The proposed privatisation of Sealink International Bhd at 41 sen per share by Carimin Petroleum Bhd has lapsed after Sealink’s board opted not to proceed with the scheme of arrangement.
Malayan Banking Bhd said its 98.5%-owned unit, PT Bank Maybank Indonesia Tbk, has secured shareholder approval to serve as the operational financial conglomeration holding company for the group’s Indonesian businesses.
Advancecon Holdings Bhd signed an MOU between its subsidiary Advancecon Infra Sdn Bhd and EPCC contractor Teras Impiana Sdn Bhd to jointly identify and pursue project opportunities in data centres, advanced manufacturing, healthcare and clean energy infrastructure.
Greenyield Bhd reported a fire incident on 28 June 2026 at a factory belonging to Galley Reach Holdings, its 65%-owned Papua New Guinea subsidiary No casualties were reported and the group does not expect a material impact on its financial position or operations.
Heineken Malaysia Bhd has appointed Datuk Iain John Lo as chairman effective Aug 15, succeeding Datuk Seri Idris Jala after nine years on the board.
CTOS Digital Bhd has appointed Creador founder and CEO Brahmal Vasudevan, 57, as non-executive chairman effective July 1, succeeding Datuk Noorazman Abd Aziz, who retires having served since 2020.
Sunway Healthcare Holdings Bhd has promoted Dr Seow Vei Ken to chief medical director of Sunway Healthcare Group, while appointing healthcare industry veteran Erica Lam as CEO of Sunway Medical Centre, Sunway City Kuala Lumpur, effective July 1.
Datuk Seri Chiau Beng Teik is stepping down from the boards of several Chin Hin Group-linked companies under a planned succession exercise.
Puncak Niaga Holdings Bhd has appointed Azlan Shah Rozali, 40, son of founder Tan Sri Rozali Ismail, as chairman and president following Rozali’s retirement as executive chairman on June 30.