Ranhill Utilities Bhd has declared a second interim dividend of two sen per share for the financial year ended Dec 31, 2022 (FY2022). The group fixed April 26 as the entitlement date, and May 15 as the payment date, it said in a local bourse filing with Bursa Malaysia on Thursday (April 6). Ranhill last December declared a first interim dividend of half a sen per share for FY2022, with a Jan 4 entitlement date on and payment on Jan 18. (TheEdge)

MN Holdings Bhd's wholly-owned subsidiary Mutu Nusantara Sdn Bhd has secured an underground utilities contract from Rentak Segar Sdn Bhd worth RM13.3mil. In a statement, the underground utilities and substation engineering specialist said its unit has been appointed to be the subcontractor to supplt and install high voltage underground cable works for two data centres in Johor. (TheStar)

KPJ Healthcare Bhd and Samsung Electronics Co Ltd have formed a partnership to advance precision medicine and diagnostics in Malaysia. The groups plan to explore innovative technologies and collaborative opportunities over the next six months via a memorandum of understanding (MoU) signed on Wednesday. (NST)

There could be sequential earnings improvement in store for Hiap Teck Venture Bhd as steel prices continue to rise amid optimism over China's economic reopening, says Hong Leong Investment Bank (HLIB) Research. Following the release of positive earnings in the 2QFY23, the company's management has guided for improved earnings in the subsequent quarter, supported by both improving prices and a seasonal recovery in domestic steel demand. (TheStar)

G Capital Bhd (GCAP) plans to raise up to RM113 million to part-finance its 20 megawatts (MW) mini-hydropower plant projects in Perak. The company plans to undertake a renounceable rights issue exercise to part-finance its plant projects. GCAP said the renounceable rights issue entailed the issuance of up to RM112.88 million nominal value of 1.41 billion five-year, 8.0 per cent, redeemable convertible unsecured loan stocks (RCULS) at 100 per cent of its nominal value of 8 sen each. (NST)

Automotive leather upholstery maker Pecca Group Bhd (PGB) has become the first Malaysian company to obtain the Production Organisation Approval (POA) C2 certification from the European Union Aviation Safety Agency (EASA). Pecca's wholly-owned subsidiary, Pecca Aviation Services Sdn Bhd (PASSB), has received the POA certificate from the EASA. (NST)

Lim Seong Hai Capital Bhd's (LSH Capital) stakeholders have unanimously given a green light to a series of corporate proposals to diversify its business prospects to include property development activities. The proposals include the acquisition of Astana Setia Sdn Bhd and Lim Seong Hai Ventures Sdn Bhd. (NST)

Classita Holdings Bhd was among the top three actively traded stocks in early trade on Thursday (April 6), following the recent announcement that the company has reached a financial settlement with its substantial shareholder and former executive vice-chairman. At 11.06am, the stock had risen 5.5 sen or 39.29% to 19.5 sen, with 48.66 million shares done. (TheEdge)

In line with its commitment to developing Malaysia’s carbon market via the voluntary carbon market - the Bursa Carbon Exchange (BCX), Bursa Malaysia Bhd announced that it has become a member of the International Emissions Trading Association (IETA). Chief executive officer Datuk Muhamad Umar Swift said the move to join the IETA, a thought leader in carbon market mechanisms, was an important milestone for Bursa Malaysia. (TheStar)

MBSB Bank Bhd appears to be the first to announce an Employees Provident Fund (EPF)-backed loan, or the Account 2 Support Facility, for members aged between 40 and 55. MBSB, in a statement on Thursday (April 6), said its shariah-compliant facility Ihsan-i will be offered to EPF members who are between 40 and 55 years of age, with a minimum of RM3,000 in their Account 2 and EPF i-Account holders, beginning April 7, 2023. (TheEdge)

Jentayu Sustainables Bhd said its Ohana Specialist Hospital in Setapak is closed until further notice after the revocation of its licence due to non-compliance with mandated operating procedures. In a bourse filing with Bursa Malaysia on Thursday (April 6), Jentayu said Ohana Specialist, which was operated by its wholly-owned subsidiary Ultimate Forte Sdn Bhd, was served the notice on Wednesday. (TheEdge)

Source: New Straits Times, The Edge Markets, The Star 06 Apr 2023

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