KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
Sunway Bhd
’s unit, Sunway Treasury Sdn Bhd, has proposed a sukuk wakalah programme of up to RM10 billion to fund working capital and refinancing of borrowings.
Capital A Bhd has clarified that Bursa Malaysia’s decision not to approve its request for an extension to complete the implementation of its distribution of AirAsia X Bhd shares to its shareholders will not materially affect the group’s ongoing corporate exercises.
A Kinergy Advancement Bhd-led consortium has formalised an equipment supply agreement for the planned 1.5gigawatt combined cycle gas turbine power plant project in Perlis.
...