KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
Gamuda Bhd
announced that its 45%-owned associate, Upper Padas Power Sdn Bhd, has secured revised approval from the Sabah Energy Commission for the Ulu Padas project, which has been enhanced into an integrated hydroelectric and floating solar development.
Telekom Malaysia Bhd has extended its contract with Maxis Broadband Sdn Bhd for 2G and 4G domestic roaming and 4G multi-operator core network services until Sept 30, 2029.
CIMB Group Holdings Bhd is selling its Thai unit’s automotive financing portfolio as part of its strategy to exit non-core businesses and reallocate capital for growth across its Asean franchise.
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