KUALA LUMPUR: Companies making headlines in the news include Ecoscience, Global Oriental, UEM Sunrise
, MPay, Dayang, Ta Win, Perak Transit, Cahya Mata, Scientex, MyEG, Eversendai and EMCC, said Apex Research
Ecoscience International Bhd’s (EIB) wholly-owned subsidiary Ecoscience Manufacturing & Engineering Sdn Bhd is suing RDS Marketing Malaysia Sdn Bhd to recover RM2.38 million in unpaid dues.
Global Oriental Bhd, which bought a 55% stake in a car park management firm for RM27.5 million late last year, has proposed to acquire the remaining 45% stake for RM22.5 million.
UEM Sunrise Bhd, Telekom Malaysia Bhd (TM) and Iskandar Investment Bhd (IIB) are shutting down the joint venture (JV) that they started nearly 10 years ago to provide smart in-building and smart city services around Iskandar Puteri, Johor.
Managepay Systems Bhd (MPay) said its wholly-owned unit, ManagePay Services Sdn Bhd (MPSB), has been appointed by Indonesian digital payment service provider PT Finnet Indonesia to provide white label services for its e-wallet and mobile application.
Dayang Enterprise Holdings Bhd’s unit, Dayang Enterprise Sdn Bhd (DESB) has received a contract extension for the Provision of Pan Malaysia Maintenance, Construction and Modification (PM-MCM) from Abu Dhabi-based firm, Mubadala Energy.
Ta Win Holdings Bhd has proposed to team up with Ningbo Kibor Wire & Cable Co Ltd to manufacture solar cables, tinned coated wires and other cable wire products.
Perak Transit Bhd has proposed to undertake a bonus issue of up to 433.64 million new shares on the basis of one bonus share for every two existing ordinary shares.
Cahya Mata Sarawak Bhd (CMS) said its subsidiary has been hit with a RM342.25 million counterclaim from state utility firm Syarikat Sesco Bhd in the pair’s arbitration proceedings over a purchase power agreement (PPA) dispute.
Scientex Bhd’s second attempt to buy prime land in Johor Baru from S P Setia Bhd, this time for RM548 million, has fallen through again.
MyEG Services Bhd said it will be resuming online temporary work permit (PLKS) renewal services for foreign workers on Jan 15.
Eversendai Corp Bhd is selling two parcels of land in Sungai Buloh, Selangor for RM63 million cash to repay bank borrowings.
Evergreen Max Cash Capital Bhd (EMCC) is expanding its “Pajaking” pawnshop network by acquiring two more pawnshops in high foot-traffic areas of Sri Petaling, Kuala Lumpur and Shah Alam, Selangor, aiming to grow its total pawnshop count to 24.