KUALA LUMPUR (Dec 23): Based on corporate announcements and news flow today, companies that may be in focus tomorrow (Dec 24) include: Tenaga Nasional Bhd, Malaysia Airports Holdings Bhd, Yi-Lai Bhd, Boustead Holdings Bhd, Jiankun International Bhd, Marine & General Bhd, Poh Huat Resources Holdings Bhd, and Hap Seng Consolidated Bhd.
Tenaga Nasional Bhd (TNB) has entered into a deal with
Malaysia Airports Holdings Bhd (MAHB) to supply cooling energy and electricity at the Kuala Lumpur International Airport for a period of 20 years. A joint venture firm between TNB s wholly-owned subsidiary TNB Engineering Corp Sdn Bhd and MAHB s wholly-owned unit Airport Ventures Sdn Bhd has been set up to undertake the project. The total project cost for the JV project is RM183 million and will be funded through a combination of external borrowings by the concessionaire and shareholders equity.
KUALA LUMPUR (Dec 23): Hap Seng Trucks Sdn Bhd, a wholly-owned subsidiary of Hap Seng Consolidated Bhd, has appointed Marc Legeay as its new chief executive with effect from Dec 1.
Hap Seng Trucks is part of the Hap Seng’s automotive division, which is a general distributor of Daimler Trucks in Malaysia.
In a statement, the group said Legeay will succeed Roland Schneider, who has led the successful acquisition of the commercial vehicle wholesale distribution business from Mercedes-Benz Malaysia and the subsequent set up of Hap Seng Trucks Distribution.
Schneider will be taking over a new role as chief executive of Lei Shing Hong Commercial Vehicles in China.