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 22): Property development and construction firm Jiankun International Bhd, which announced a series of boardroom changes today, has appointed former attorney-general (AG) of Malaysia Tan Sri Mohamed Apandi Ali as its independent and non-executive chairman with immediate effect.
With over 46 years of experience in the legal field, the 70-year-old has also been back in legal practice at his own firm, namely Apandi Ali & Co, since Nov 1, 2018, according to Jiankun in a filing with Bursa Malaysia.
Apandi was the AG between July 27, 2015 and June 4, 2018. At Jiankun, he is replacing Datuk Donald Lim Siang Chai, 65, who has been redesignated as the executive deputy chairman. Lim was formerly the deputy finance minister.
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