KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
Sime Darby Property Bhd
said its data centre development projects remain on schedule with no disruption, despite concerns that United States tariff measures could weigh on global demand and investment flows.
IJM Corp Bhd said its unit New Pantai Expressway Sdn Bhd has signed a supplementary concession agreement with the government for the RM1.4bn project to extend the New Pantai Expressway by 15km and restructure toll rates.
Skyworld Development Bhd’s unbilled sales of RM483.1mn as at June 30, 2025, are expected to support the group’s performance, alongside progressive revenue recognition from ongoing projects and sales of completed inventories.
MBSB Bhd and DayOne Data Centers have formed a strategic collaboration to accelerate Johor's digital infrastructure and economic transformation in line with the Maju Johor 2030 agenda.
CBH Engineering Holdings Bhd's wholly-owned subsidiary, CBH Engineering Sdn Bhd, has secured a RM52.8mn works contract for a proposed data centre in Selangor.
Hibiscus Petroleum Bhd's subsidiary Hibiscus Oil & Gas Malaysia Ltd has signed a deal with PetroVietnam Exploration Production Corp Ltd to tie in production from Vietnam's Block 46/13 to the PM3 commercial arrangement area facilities.
SWS Capital Bhd is exiting its furniture business as part of a broader business rationalisation and right-sizing exercise, with operations expected to cease by next month.
ITMax System Bhd has secured a RM14.4mn contract from Railway Assets Corporation, a statutory body under the Transport Ministry.
Censof Holdings Bhd's subsidiary, Century Software (Malaysia) Sdn Bhd, has secured a RM12.4mn contract from the Housing and Local Government Ministry to develop the One Stop Centre licensing system for local authorities.
Ancom Nylex Bhd and its unit Rhodemark Development, which owns 42.4% in Nylex (Malaysia) Bhd, had their proposal to take full control of the company through a selective capital reduction and repayment exercise rejected by shareholders.
Kossan Rubber Industries Bhd’s net profit for 2QFY25 was flat YoY at RM31mn compared with RM31.3mn, despite a temporary production halt following a gas pipeline explosion in Putra Heights in April.
Sports Toto Bhd’s net profit plunged 40.0% YoY to RM40.4mn in 4QFY25 due to softer performance from H.R. Owen Plc and STM Lottery Sdn Bhd.
Velesto Energy Bhd's net profit fell 19.7% to RM50.4mn in 2QFY25 from RM62.8mn a year ago, dragged by lower rig utilisation.
APM Automotive Holdings Bhd’s net profit for 2QFY25 rose 14.9% YoY to RM11.3mn from RM9.8mn, due to a slowdown in domestic OEM and export sales.
Greatech Technology Bhd’s net profit tumbled 46.0% YoY in 2QFY25 due to higher net foreign exchange losses.
D&O Green Technologies Bhd’s net profit for 2QFY25 fell 91.1% YoY to RM0.7mn from RM7.8mn, as revenue and gross profit margin dropped.
Feytech Holdings Bhd’s net profit for 2QFY25 declined 82.0% YoY to RM3.0mn from RM16.5mn, dragged by weaker orders from three automotive brands, resulting in diminished sales and reduced economies of scale.
Zetrix AI Bhd’s net profit increased to RM199.1mn in 2QFY25 from RM165.4mn in the previous corresponding quarter, mainly due to Web3 application service fees on the Zetrix blockchain platform.)
Pekat Group Bhd’s net profit for 2QFY25 surged 137.6% YoY to RM11mn from RM4.6mn, driven by growth across all business divisions.
M&A Equity Holdings Bhd net profit for 4QFY25 increased 22% YoY to RM7.7mn from RM6.3mn, driven by higher contributions from its financial services division.
