Trading ideas: Sunway, QL, MBSB, EATech, Solarvest, KAB, Systech, VS Industry, Eurospan, Hibiscus, Catcha, Go Hub, Ocean Fresh, Kronologi, ECA

TheStar Tue, Jun 25, 2024 08:14am - 1 week View Original


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

Sunway Bhd’s unit, Sunway Iskandar Sdn Bhd, a 60.0%-owned joint venture company, plans to acquire a 70.0% equity interest in Daiwa Sunway Development Sdn Bhd from Daiwa House Malaysia Sdn Bhd for RM25.5mn.

QL Resources Bhd’s subsidiary, Axrail, which is an Amazon Web Services Advanced Tier Services Partner in Malaysia, has opened a Generative AI Lab in Kuala Lumpur, Malaysia.

MBSB Bank Berhad said that it is actively collaborating with authorities to ensure a swift and thorough resolution of the illegal withdrawals case in Kota Kinabalu.

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