KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
Ancom Nylex Bhd
announced that its 42.2%-owned subsidiary Nylex (Malaysia) Bhd has received a letter of intent dated 5 May from Ukas (Public Private Partnership Unit, Prime Minister’s Department) for the proposed Johor Bahru Autonomous Rail Transit project.
RHB Bank Bhd received a no-objection letter from Bank Negara Malaysia dated 11 May to commence negotiations with Tokio Marine Asia Pte Ltd on the proposed disposal of up to 100% of its stake in RHB Insurance Bhd.
Gamuda Bhd secured a fixed-price EPC contract to deliver the 75MW Jinbi Solar Farm in Western Australia’s Pilbara region, via its wholly-owned Australian subsidiary DT Infrastructure.
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