Here is a brief recap of business news and corporate announcements that made the headlines on Friday.

Following Nylex (M) Bhd's delisting from Bursa Malaysia in March, the cash company’s major shareholder Ancom Nylex Bhd (KL:ANCOMNY) is seeking to take full control of the company through a selective capital reduction and repayment exercise.

PETALING JAYA: Ancom Nylex Bhd and its wholly-owned subsidiary Rhodemark Development Sdn Bhd (RDSB), as controlling shareholders of the now-delisted Nylex (M) Bhd, have proposed a selective capital reduction and repayment exercise (SCR) to return RM5.3mil — or 5.1 sen per share — to eligible shareholders, according to a filing with Bursa Malaysia.

COMPETITION for the contract to develop and operate the Johor Bahru (JB) elevated autonomous rapid transit (e-ART) is set to heighten as another consortium is said to be throwing its hat into the ring. SMH Rail Sdn Bhd, a producer of train locomotives in Malaysia, is believed to have pa...

息透露，柔佛新山的高架智轨列车系统（E-ART）的竞标愈演愈烈，SMH铁路也准备加入竞争。

KUALA LUMPUR: LBS Bina Group Bhd (LBS Bina) sedang meneliti pelbagai aspek berkaitan Perjanjian Induk Dasar (HOA) susulan penyahsenaraian Nylex (Malaysia) Bhd daripada Bursa Malaysia yang dijadualkan esok.

The writing was already on the wall for Nylex (M) Bhd (KL:NYLEX) as far back as August 2023. It had to look for a core business or face the prospect of being delisted from Bursa Malaysia. Nylex has been an empty shell since the sale of its business to its parent company Ancom Bhd — whic...

KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.

Nylex (M) Bhd is set to be delisted on March 11, after its appeal for a further extension of time to submit its regularisation plan was dismissed by Bursa Malaysia.

Here is a brief recap of some business news and corporate announcements that made the headlines on Thursday.

Practice Note 17 (PN17) Nylex (M) Bhd (KL:NYLEX) is slated to be delisted from the Main Market of Bursa Malaysia on March 11 after its bid for a further extension to submit its regularisation plan was dismissed by the bourse regulator.

（吉隆坡6日讯）大马股票交易所驳回耐力斯（NYLEX,4944,主板工业产品服务组）要求进一步延长提呈重组计划申请，该公司股票将从下周二（11日）除牌。根据文告，交易所是根据主板市场上市规定第8.03A将该公司除牌。耐力斯退市后，将以非上市的形式继续存在，仍可继续营运和开展业务，继续进行企业重组，其股东仍可从公司业绩中获得回报，但是股东持有的股票将不能在交易所交易。 ...

（吉隆坡6日讯）耐力斯（NYLEX，4944，主板工业股）今天宣布，大马交易所拒绝延长呈交重组计划的期限，因此公司将除牌...

A consortium comprising ERWAN Bhd and Lion Pacific Sdn Bhd (ERWAN–Lion Pacific) has proposed an RM8.04 billion autonomous rapid transit (ART) system for Johor Bahru, encompassing three lines with a total length of 53km, according to ERWAN Bhd founder and executive chairman Datuk Seri Erwan Tahir....

（吉隆坡3日讯）绿田控股（THETA，9075，主板科技股）与耐力斯（NYLEX，4944，主板工业股）所组成的Thet...

EPE Power Corp Bhd, a private holding company with businesses in distributing switchgears and transformers, is among the potential bidders for the proposed Johor Bahru light rail transit (LRT) project. According to sources privy to the matter, EPE Power will be collaborating with Lion P...

消息人士披露，EPE Power公司正与Lion Pacific私人有限公司合作，竞标新山轻轨（LRT）项目。

THE competition for an urban mobility infrastructure project to serve the southern Johor region is set to intensify as telecommunications and technology company, Theta Edge Bhd (KL:THETA), has switched over to a rival consortium. This move strengthens the grouping consisting of LBS Bina Bhd (KL:L...

KUALA LUMPUR: ICT company Theta Edge Bhd has formed a partnership with Nylex Consortium to introduce capital expenditure-efficient integrated solution in the form of light rail transit (LRT) and autonomous rapid transit (ART) systems in Johor Bahru.

（吉隆坡7日讯）绿田控股（THETA，9075，主板科技股）宣布，与耐力斯（NYLEX，4944，主板工业股）合作，在柔...