News in brief: June 21, 2021

ALTAIR, a global technology company, is collaborating with Gemilang International Ltd (Gemilang) through its subsidiary, Gemilang Coachworks Sdn Bhd to boost passenger safety for commercial buses and coaches by capitalising on simulation technologies.

In a statement, Altair said under the agreement, it would provide an industry-leading simulation solution to help Gemilang automate bus rollover crash tests.

“By collaborating with Altair, our engineers can now perform unlimited crash tests in virtual simulations for all critical safety-related parts,” said Gemilang Research and Development manager, Mohsen Hamidipour.

He added that this would generate critical data for Gemilang engineers to build and design safer commercial vehicles. 

-- BERNAMA

UEM SUNRISE BHD has appointed Datin Sri Badrunnisa Mohd Yasin Khan and Alex Yeow Wai Siaw as its new independent non-executive directors, effective today.

In a statement, it said Christina Foo has been redesignated as a senior independent director.

The company added that this was subsequent to the retirement of Tan Sri Dr Azmil Khalili Datuk Khalid, Ungku Suseelawati Ungku Omar and Datin Teh Ija Mohd Jalil at the conclusion of the 13th annual general meeting held today.

-- BERNAMA

HO WAH GENTING BHD's wholly-owned subsidiary, HWGB Biotech Sdn Bhd said that the E-MO Biology Inc's (EBI) report on Stage 2 of Phase 4 Clinical Trial had been submitted to the US Food and Drug Administration (FDA). 

The Stage 2 of the Phase 4 Clinical Trial is the study on the additional 275 subjects assessed in relation to the immune responses for the prevention of COVID-19, following a booster dose of inactivated poliovirus (IPV) vaccine in adults.

-- BERNAMA

SERBA DINAMIK HOLDINGS BHD has announced the resignation of Datuk Mohamed Nor Abu Bakar as its independent director effective June 19, 2021.

In a filing with Bursa Malaysia, the company said Mohamed Nor, 71, resigned due to personal reasons. 

-- BERNAMA

GEORGE KENT (MALAYSIA) BHD's net profit for the financial year 2021 (FY2021) from Feb 1, 2020 to March 31, 2021 stood at RM48.74 million, while revenue amounted to RM310.82 million. 

In a filing with Bursa Malaysia today, it said that the group’s financial year-end had been changed from Jan 31 to March 31, making it a 14-month financial year, adding that from Feb 1, 2021 to March 31, 2021, net profit was RM11.33 million and revenue at RM34.61 million. 

The group attributed the commendable results in FY 2021 to robust sales of the group’s water meters worldwide. 

"The group continued to receive water meter orders in spite of continuing movement restrictions in Malaysia and around the world since the beginning of last year, which demonstrates the resilience and growth of the metering business," it said. 

-- BERNAMA