KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
Malayan Banking Bhd
has entered into a five-year, RM1.0bn partnership with Microsoft to accelerate its digital transformation.
CIMB Group Holdings Bhd has no immediate plans for an initial public offering of TNG Digital Sdn Bhd, which has turned profitable earlier this year and attained unicorn status.
Hartalega Holdings Bhd has received a notice of additional assessment amounting to RM101.4mn from the Inland Revenue Board for the assessment years from 2017 to 2022. Its net profit dropped 60.1% YoY to RM12.6mn in 1QFY26, from RM31.9mn a year earlier, due to lower average selling prices and sales volumes.
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