KUALA LUMPUR (March 17): Here is a brief recap of some business news and corporate announcement that made the headlines on Monday:

Malaysian Resources Corp Bhd (KL:MRCB) has struck a land swap deal with Cyberview Sdn Bhd, in which the Minister of Finance Inc owns a 92.24% stake. The other shareholders of Cyberview — the master developer of Cyberjaya — include Sime Darby Property Bhd (KL:SIMEPROP), with a 5.17% stake, and Permodalan Nasional Bhd, with a 2.59% stake. MRCB said its wholly-owned subsidiary, MRCB Land Sdn Bhd, is selling its 70% stake in CSB Development Sdn Bhd to Cyberview for RM219.04 million in cash. It also announced that its other wholly-owned unit Subang Sentral Sdn Bhd has signed a sale and purchase agreement with Cyberview's subsidiary, Cyberjaya City Centre Land Sdn Bhd, in relation to the land purchases. — MRCB strikes land deals with MOF unit

Sapura Energy Bhd (KL:SAPNRG) clarified that it has not been contacted by the MACC regarding a probe into alleged bribery and fund misappropriation involving the company. In a shortly-worded filing, Sapura said it is fully committed to cooperating with the MACC and will provide all necessary information as required to support its inquiries. The company said: “As a responsible, publicly-listed entity, we uphold the highest standards of corporate governance, transparency, and integrity in all our operations. We understand the significance of keeping our stakeholders informed and undertake to provide updates as necessary when there are pertinent developments in this matter.” — Sapura Energy says has not been contacted by MACC over bribery, fund misappropriation probe

MRCB, Sapura Energy, Solarvest, Salcon, Rohas Tecnic, HHRG, Jentayu, Focus Point, Catcha Digital, Poh Huat, Dutch Lady, AmanahRaya REIT