KUALA LUMPUR: Companies in the spotlight on Monday include IHH, Leform, Malakoff, Apex Equity
, MBSB, Sentoria, Far East, TNB, Sime Darby Plantation and Sam Engineering, said Apex Equities Research.
IHH Healthcare Bhd announced that certain subsidiaries of India’s Fortis Healthcare Ltd have entered into definitive agreements with MGM Healthcare Private Ltd in relation to the divestment of Fortis Malar Hospital, Chennai (Malar Hospital) and related assets for an aggregate consideration of approximately RM71.9 million (1,28,00,25,000 rupees).
Steel products manufacturer and trader Leform Bhd has bagged a supply contract from Cambodia-based contractor Nim Meng Group Co Ltd worth US$1.95 million (RM9.15 million).
Malakoff Corporation Bhd registered a net loss of RM109.42 million for the third quarter ended Sept 30, 2023 (3QFY2023), from a net profit of RM66.54 million in the same period last year, primarily due to a negative fuel margin recorded at its coal plants on the back of higher weighted average coal costs.
Apex Equity Holdings Bhd said a consent judgement was recorded at the High Court on Nov 23 between the group, Apex Securities Bhd and Securities Commission Malaysia (SC) as the material litigation against Apex Equity and Apex Securities was concluded while the SC will withdraw its claim against the two companies.
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