The Star Online – Trading ideas : Maxis, Velesto, AME, Orkim, GDB, MyNews, OCR, Prestar, MTT, Focus, United Plantations, Eco-Shop, CTOS, UOA REIT
KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
Maxis Bhd has signed an initial pact with a firm controlled by the Pahang royal family for fibre and mobile connectivity in the Kota Sultan Ahmad Shah township.
Velesto Energy Bhd has secured a contact worth about US$51.0mn from Hess Exploration and Production Malaysia BV, a unit of Chevron Malaysia, for integrated rig, drilling and completion services in the North Malay Basin.
AME Elite Consortium Bhd and KLK Land Sdn Bhd have unveiled their joint-venture 151.2-acre industrial park development named i-Park @ Coalfields in Sungai Buloh, Selangor that has a gross development value of RM1.3bn.
Orkim Bhd has entered into a memorandum of agreement with Hong Kong-registered shipping company Allcontinents International Shipping Ltd to acquire an oil and chemical tanker, MT Rong Yao Wu Zhou, for 157.0mn yuan….
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