Here is a brief recap of some corporate announcements that made news on Friday (Dec 30) involving Telekom Malaysia Bhd, Malayan Banking Bhd, Astro Malaysia Holdings Bhd, Hextar Healthcare Bhd, MISC Bhd, Kuala Lumpur Kepong Bhd, Poh Huat Resources Bhd, Cypark Resources Bhd and Crest Builder Holdings Bhd.
KUALA LUMPUR (Nov 1): S P Setia Bhd took the No 1 spot at this year’s The Edge Malaysia Top Property Developers Awards (TPDA). The developer has taken the No 1 spot for the fourteenth time, ever since the awards were established in 2003. S P Setia Bhd also took the top spot in the Best in Qualitative Attributes sub-award.
KUALA LUMPUR (May 7): Construction services provider Tuju Setia Bhd, which is set to be the first company to be listed on the Main Market of Bursa Malaysia this year on May 19, saw its initial public offering (IPO) of 80 million new shares oversubscribed by 42.1 times.
The offer price is at 70 sen per share.
In a statement today, Tuju Setia said it received a total of 21,292 applications for 682.3 million shares with a total value of RM477.6 million for the 15.9 million shares that were made available for application by the Malaysian public.
Meanwhile, the Bumiputera portion of shares was oversubscribed by 37.2 times, after a total of 11,006 applications for 302.8 million shares were received.