KUALA LUMPUR (Dec 26): Based on corporate announcements and news flow today, companies in focus tomorrow (Friday, Dec 27) could include: Seacera Group Bhd, TRC Synergy Bhd, Alam Maritim Resources Bhd, Parkson Holdings Bhd and PLS Plantations Bhd.
Two Seacera Group Bhd directors, Rozaidi Baharuddin and Halim @ Ab Halim Ismail, have resigned in the wake of a legal suit launched against the tile manufacturer by a shareholder.
In his suit, Yap Suet Heng named Seacera and its directors as defendants. He said the rejection of his proxy at the group’s AGM on Nov 29 was wrongful, and is seeking a court order to invalid the proceedings and resolutions passed at the AGM.
TRC Synergy Bhd's wholly-owned subsidiary has been awarded a RM118.8 million contract by Bank Negara Malaysia to modernise its mint in Shah Alam. Trans Resources Corp Sdn Bhd received the contract from the central bank on Dec 24. No further details about the job was provided in the company’s announcement.
Alam Maritim Resources Bhd has bagged a RM14.42 million contract from Petronas Carigali Sdn Bhd. The group said its unit Alam Maritim (M) Sdn Bhd had won the work order from the Petroliam Nasional Bhd's (Petronas') subsidiary to provide one anchor handling tug and supply vessel.
Petronas Carigali will be chartering Alam Maritim's Setia Jihad vessel for up to 152 days, the group said in a bourse filing, adding that the work order was effective Nov 12.
A firm owned by the Selangor State Development Corp (PKNS) and Andaman Group is suing Parkson Corporation Sdn Bhd (PCSB) for allegedly failing to pay rent for a retail space in EVO Shopping Mall in Bangi. PKNS-Andaman Development Sdn Bhd (PKNS), in its statement of claim, accused PCSB of failing to pay the rent as provided for in a tenancy agreement dated Oct 2, 2017. PCSB is wholly-owned by Singapore-listed Parkson Retail Asia Ltd (PRA), which in turn is a subsidiary of Parkson Holdings Bhd.
PLS Plantations Bhd, the oil palm and timber group that has diversified into the durian business, has been granted a three-month extension until Feb 29 next year to resolve its public shareholders spread. As of Nov 29, PLS Plantations’ public shareholdings spread stood at 23.32%, 1.68% short of Bursa Malaysia’s minimum 25% requirement.