KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
Edelteq Holdings Bhd
is venturing into upstream semiconductor manufacturing with a proposed 24% stake acquisition in Solid Point Precision Manufacturing Sdn Bhd for RM20.7mn via a mix of cash and shares from Singapore-based LIPO Precision Industry Pte Ltd.
WCT Holdings Bhd has secured a RM365.2mn contract from Projek Lebuhraya Usahasama Bhd to expand the Sedenak–Simpang Renggam stretch of the North-South Expressway in Johor.
Green Packet Bhd has welcomed European Credit Investment Bank Ltd as a new substantial shareholder after the Labuan-based investment bank acquired 141.1mn shares (5.77% stake) via open- and off-market trades on 3 July.
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