KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
PPB Group Bhd
faces a potential financial impact of up to RM600.0mn in a worst-case scenario should its associate Wilmar International Ltd lose its appeal in Indonesia’s Supreme Court over alleged misconduct in palm oil export permits.
Malakoff Corporation Bhd and Solarvest Holdings Bhd have secured a letter of notification from the Energy Commission to jointly develop a 470-MWac large scale solar photovoltaic plant in Larut and Matang, Perak.
Samaiden Group Bhd together with JBB Builders (M) Sdn Bhd, has received a letter of notification from the Energy Commission for the development of a 99.99-megawatt large-scale solar photovoltaic plant in Segamat, Johor.
Hextar Global Bhd’s indirect unit, PHG Ever Fresh Plantation Sdn Bhd, is selling 3 adjacent parcels of durian plantation land in Raub, Pahang, for RM13.8mn.
Tropicana Corporation Bhd has redeemed another tranche of its sukuk wakalah programme worth RM100.0mn that matured on 3 September 2025.
KJTS Group Bhd has proposed a special issue of up to 102.1mn new shares or 12.5% of its enlarged share capital to meet its Bumiputera equity condition.
Dagang Nexchange Bhd has received its sixth contract extension from the Ministry of Finance to continue operating and maintaining Malaysia’s National Single Window for Trade Facilitation System from 1 September 25 to 31 August 26, with the possibility of further one-year renewal.
A 51:49 consortium between Sunview Group Bhd and Cypark Resources Bhd has been shortlisted by Energy Commission to develop a 99.99MW solar photovoltaic plant in Port Dickson, Negeri Sembilan.
Luxchem Corporation Bhd has entered into sale and purchase agreements with Sime Darby Property Bhd to purchase 3 parcels of freehold land in Klang, Selangor, for RM40.6mn.
Cape EMS Bhd has signed a strategic cooperation agreement with Shanghai Sermatec Energy Technology Co Ltd to localise battery energy storage solutions in Malaysia and supply them across the Asean region.
Inta Bina Group Bhd has secured a RM212.3mn contract from Sime Darby Property Bhd to construct a condominium project in Setapak, Kuala Lumpur.
Magni-Tech Industries Bhd’s 1QFY26 net profit declined by 20.3% YoY to RM35.6mn, as the group saw weaker sales orders.
