WTEC Group Bhd, a foam and fabric products maker, filed for an initial public offering (IPO) on the ACE Market to raise funds for acquisition of a new, larger factory in Selangor. (TheEdge)

DC Healthcare Holdings Bhd says it has been acknowledged in Malaysia Book of Records for being the first aesthetic clinic chain listed on Bursa Malaysia's ACE Market. (NST) 

Reservoir Link Energy Bhd's indirect subsidiary Founder Energy Sdn Bhd has inked a memorandum of understanding (MoU) with MN Power Transmission Sdn Bhd to explore potential business opportunities in the renewable energy (RE) industry in ASEAN countries. (TheStar)

EP Manufacturing Bhd (EPMB) has proposed to place out 30 per cent of its shares to raise RM39.65 million to partially fund the construction of the first phase of its manufacturing hub in Melaka. (NST) 

Bermaz Auto Bhd’s (BAuto) results for the first quarter ended July 31, 2024 (1Q25), came largely in line with analysts’ expectations, despite reporting a smaller profit. (TheStar)

IOI Properties Group Bhd (KL:IOIPG) is going to launch its IOI Industrial Park at Banting, Selangor by the second quarter of next year and is planning another one in Melaka that is expected to be launched two quarters later. (TheEdge)

ITMax System Bhd’s subsidiary, Southmax Sdn Bhd, has been appointed by the Tangkak District Council (MDT) as the smart parking operator, managing 5,113 street parking bays that are currently gazetted by MDT in the Tangkak district. (TheStar)

Analysts have upgraded their target price and earnings forecast for Kerjaya Prospek Group Bhd following its recent RM293mil construction contract. (TheStar)

Citaglobal Bhd's wholly owned subsidiary, Citaglobal Powergen Sdn Bhd, has secured a RM50.94 million contract from NL Builder Sdn Bhd and Avos (Malaysia) Sdn Bhd. (NST) 

Utilities engineering services firm MN Holdings Bhd (KL:MNHLDG) has signed a pact with Reservoir Link Energy Bhd (KL:RL) to explore potential business opportunities in the renewable energy sector. (TheEdge)

Genting Malaysia Bhd's indirect wholly-owned subsidiaries, video lottery facility operator Genting New York LLC (Genny) and its unit Genny Capital Inc, have priced their offering of US$525 million (US$1=RM4.3270) aggregate principal amount of 7.25 per cent senior unsecured notes due 2029. (NST) 

Source: New Straits Times, The Edge Markets, The Star 12 September 2024

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