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TheStar Thu, Sep 05, 2024 07:47am - 2 weeks View Original


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

IHH Healthcare Bhd said it is acquiring the 600-bed Island Hospital in Penang for RM3.9bn in cash from Comprehensive Care Sdn Bhd.

YTL Power International Bhd has confirmed that its subsidiary YTL Communications Sdn Bhd has been questioned by the Malaysian Anti-Corruption Commission about the Ministry of Education's 1BestariNet project, valued at RM4bn.

MSM Malaysia Holdings Bhd said it was not impacted by the recent crop fire in key producer Brazil, as it hedged all its raw sugar requirements under the wholesale segment in 2024.

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