KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
CIMB Group Holdings Bhd
’s 94.83%-owned subsidiary CIMB Thai Bank PCL posted an 8.4% increase in net profit to 908.2mn Thai baht (about RM112.1mn) for the first quarter, driven by lower expected credit losses and operating expenses.
Employees Provident Fund has ceased to be a substantial shareholder of Sunway Healthcare Holdings Bhd after trimming its stake below 5% via a recent share disposal.
NexG Bhd executive chairman Ishak Ismail and CEO Abu Hanifah Noordin have entered into reciprocal put and call option arrangements covering 323.7mn shares (9.28% stake), allowing potential transfer of Abu Hanifah’s entire direct shareholding at pre-agreed prices.
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