KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
DRB-Hicom Bhd
has revised its acquisition price for Spirit Aerosystems Malaysia to US$110.6mn, higher than the earlier estimate due to additional cash adjustments.
Al-Aqar REIT is disposing of its Bukit Mertajam property for RM12mn, below market valuation and original cost, as part of its capital recycling strategy to divest underperforming assets and strengthen its balance sheet.
Haily Group Bhd has secured a RM42.9mn contract to build 187 terraced houses and a substation in Kulai, Johor with works running from Dec 15 to March 2027.
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