Malaysian Airports Holdings Bhd's (MAHB) passenger traffic for December rose 24.18% to 2.27 million, from 1.83 million passengers in November.The increase followed two consecutive months of decline in passenger traffic after the airport operator registered 3.5 million passengers in September.MAHB said Malaysia's December traffic performance was impacted by the lifting of the interstate travel ban on Dec 7 — with domestic passenger movements totalling 1.07 million.

Mulpha Australia Ltd’s wholly-owned subsidiary Mulpha Australia (Holdings) Pty Ltd (MAH) has accepted a syndicated credit facility of A$342 million (about RM1.07 billion) from Oversea-Chinese Banking Corporation Ltd and United Overseas Bank Ltd in Australia. Mulpha Australia is a wholly-owned subsidiary of Mulpha International Bhd.The purpose of the syndicated credit facility is to finance the refurbishment works at InterContinental Sydney Hotel and to refinance the existing borrowings,” Mulpha said in a filing with Bursa Malaysia today.

The contract is not expected to contribute any significant financial impact towards the revenue and earnings of MTD ACPI Group during the current financial year as most of the major works will start in the following financial year,

The contract is due to be completed on July 11, 2022, MTD ACPI said

MTD ACPI Engineering Bhd has won a RM33.44 million construction contract from the Public Works Department in Pahang.The group said its wholly-owned subsidiary MTD Construction Sdn Bhd will undertake the Police Training Centre project in Bentong.

Rapid KL in Kuala Lumpur and Selangor; Rapid Penang in Penang and Seberang Perai; Rapid Kamunting in Taiping, Perak, and Rapid Kuantan in Pahang.
The Light Rail Transit (LRT), Mass Rapid Transit (MRT) and Monorail services will also operate as usual, with the waiting time of between 2.8 and seven minutes depending on the peak hours, it said.Passengers are reminded to always comply with the instructions of the authorities and adhere to the new normal practices when using public transport. We encourage our customers to obtain the latest information from the social media platforms managed by Prasarana.
Prasarana advised Rapid KL passengers to use the PULSE application to obtain information on its rail and bus services.

Prasarana rail, bus services to operate as usual during MCO period

QL Resources Bhd’s take-over offer for shares it does not own in Boilermech Holdings Bhd has been extended to Jan 29.The extension was announced in separate filings to Bursa Malaysia by the two companies today.The initial deadline for the conditional mandatory general takeover offer at 95 sen per share was Jan 14.

QL said the offer was deemed as a technical general take-over offer, and that it intended to maintain the listing status of Boilermech.QL currently controls a 48.41% stake or 249.79 million shares in Boilermech.

QL had launched the takeover on Dec 4, after it had entered into an unconditional share acquisition agreement with Leong Yew Cheong — Boilermech’s managing director — to buy 20.64 million shares, representing 4% equity interest for a total cash consideration of RM19.61 million or 95 sen per share.

Another RM10 million would be used to fully repay a loan from Hong Kong-based Prime King Investment Ltd, which had given Ho Wah Genting a short-term advance for working capital purposes.The group added that up to RM11.77 million of the proceeds would be used for general working capital requirements.Ho Wah Genting expects the private placement to be completed in the first half of 2021.

Ho Wah Genting plans to use up to RM12 million of the placement proceeds to purchase healthcare products and for research and development activities for its healthcare-related business.

the group said it would be placing up to 60.67 million new shares, representing 10% of its share capital of 606.68 million shares, among third party investors.

Ho Wah Genting Bhd is planning to raise between RM30.05 million and RM34.58 million via a private placement to fund its healthcare business, repay borrowings and shore up working capital.

In terms of capacity expansion supermax have put in place expansion plans of building a total of five glove manufacturing plants between now and until 2022, with additional production capacity of 22.25 billion. This will bring total capacity to 48.42 billion gloves by end-2022

Supermax plans to invest RM1.3 billion in new plants to provide more capacity.

Supermax the highest ASP was not reflected in 4QFY20 and it is therefore optimistic that its own brand manufacturing cum distribution business model will exhibit even healthier performance in the coming quarters.

annual earnings beat market consensus by 37.52%. According to Bloomberg, analysts are expecting Supermax to double its annual profit to RM1.05 billion in FY21

Annual net profit to its highest level of RM525.58 million for the financial year ended June 30, 2020 (FY20), a 327% jump from RM123.11 million in FY19.

Supermax is proposing a share dividend payout that entails one treasury share for every 45 shares held for FY20, subject to its proposed bonus issue announced earlier to be approved at an upcoming extraordinary general meeting on Aug 18.

Supermax Corp Bhd posted record quarterly net profit of RM399.62 million for its fourth financial quarter ended June 30, 2020 (4QFY20), up 27 times from RM15.06 million a year ago.

Through the construction and commissioning of the first phase glove plant, HLT expects to boost its rubber gloves production from the existing 1 billion pieces per year to between 4.1 billion and 5.3 billion pieces per year.

The business expansion shall be embarked through the acquisition of a piece of suitable land of between 30 acres and 50 acres, which shall be developed in multiple phases, with the first phase glove plant covering a land area of between 6 acres and 10 acres

The private placement will add anywhere between 105.42 million or 144.95 million new HLT shares

HLT has 527.11 million issued shares. It also has 184.45 million outstanding warrants expiring in 2022, as well as 13.17 million immediately exercisable options under the employees share option scheme (ESOS)

HLT Global Bhd targets to raise between RM236.14 million and RM324.68 million through a private placement of up to 20% of its issued shares to fund the development of a new rubber glove manufacturing plant.

focus on growing our trusted ID business is unwavering. To complement this, we will also explore adjacent solutions which will enhance our trusted ID offerings, e.g. new biometric technologies, as well as digitalisation, in order to develop new revenue streams for the company

Iris Corporation Bhd (Iris Corp) is refocusing and establishing itself in the trusted identity (ID) verification solutions space, with direct clients across the globe, while also providing technical input, consultation and advice for a number of others