Trading ideas: Velesto, LSH, Lianson, Gas, MN, NCT, Azam Jaya, MKH, Iris, Maxis, Westports, Carlsberg, JPG

TheStar Mon, May 18, 2026 09:07am - 3 months View Original


KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.

Velesto Energy Bhd has secured its first asset-light rig contract from Hibiscus Oil & Gas Malaysia Ltd for an offshore drilling campaign in Malaysia.

The Malaysian Anti-Corruption Commission has completed its investigation into Tan Sri Krishnan Tan, the non-executive chairman of IJM Corporation Bhd, with no further action to be taken.

Lim Seong Hai Capital Bhd has received a letter of offer from Perbadanan Aset Keretapi for the proposed sale and development of two land parcels in Selangor with a combined purchase price of RM197.9mn.

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