Trading in Boustead Plantations Bhd (BPlant)  and Kuala Lumpur Kepong Bhd's securities were halted earlier today pending an announcement, amid news that a RM1.15 billion deal for KLK to buy into BPlant has fallen through. (NST)

Malaysia Airports Holdings Bhd (MAHB) continues to record more than 11 million passengers at its network of airports in Malaysia and Turkiye for the second consecutive month in August. (NST)

Reservoir Link Energy Bhd is mulling listing its 51 per cent-owned Founder Group Ltd on the Nasdaq Stock Exchange. (NST)

Matrix Concepts Holdings Bhd has achieved 30% take-up rate for Levia Residences since its soft launch last August, said Matrix Concepts founder and group executive deputy chairman Datuk Seri Lee Tian Hock during the sale and purchase agreement (SPA) signing ceremony with the Malaysia Basketball Association (Maba) at Wisma Maba, Kuala Lumpur on Tuesday. The developer obtained the advertising permit and developer’s licence (APDL) in July. (TheEdge)

SWS Capital Bhd has announced several boardroom changes, including the redesignation of its non-executive director Datuk Chua Heok Wee to group managing director of the furniture and plastic ware manufacturer effective immediately. Heok Wee, 50, replaces Teoh Han Chuan, 63, who has been redesignated from managing director to executive deputy chairman. (TheEdge)

LBS Bina Group Bhd has announced several proposals for Budget 2024 that it deems essential to spur the local property sector in a press statement on Tuesday.  (TheEdge)

Opcom Holdings Bhd has emerged as the new single largest shareholder of Binasat Communications Bhd after it bought 70 million shares, representing an 18.03% stake in the satellite network support service provider. (TheEdge)

An arbitral tribunal in Paris has ruled in favour of Malakoff Corp Bhd in its dispute with its business partner, state-owned Algerian Energy Company SPA (AEC), in relation to a seawater desalination plant in Tlemcen, Algeria. (TheEdge)

Source: New Straits Times, The Edge Markets 03 October 2023

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