Trading ideas: SP Setia, Mah Sing, SkyGate, Yinson, PeterLabs, KNM, Avillion, UEM Edgenta, UEM Sunrise, Kitacon, Nestle, Alpha IVF, Dufu


KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.

SP Setia Bhd has lodged an Islamic notes issuance programme of up to RM3.5bn and an Islamic commercial papers programme of up to RM500mn with the Securities Commission Malaysia.

Mah Sing Group Bhd is looking for new partners to develop its second data centre project, after exclusive talks with Bridge Data Centres lapsed.

SkyGate Solutions Bhd's unit SkyGate Integration Sdn Bhd has entered into a sale and purchase agreement with Ambu Sdn Bhd for the disposal of a factory building in Penang for RM39.8mn.

Yinson Holdings Bhd and YTL Corp Bhd are expanding into New Zealand with major investments in the country’s renewable energy and tourism sectors.

Peterlabs Holdings Bhd and two disputing substantial shareholders, former executive director Datuk Loh Saw Foong and his wife Datin Lin Ching Yein said their disputes concerning the company and its units have ended.

KNM Group Bhd has been taken to court by Bursa Malaysia Securities Bhd over a dispute involving the company's planned sale of its German unit.

Avillion Bhd has appointed Yeo Tek Ling, 66, as its new chief executive officer/managing director, effective Oct 28, 2025.

UEM Edgenta Bhd has appointed Shaiful Zahrin Subhan as its new managing director effective Nov 1.

UEM Sunrise Bhd has appointed Shaharul Farez Hassan as its managing director and chief executive officer, effective Nov 17.

Kumpulan Kitacon Bhd has bagged a RM86.6mn contract from Earth Pavilion Sdn Bhd for main building works covering two phases of a strata housing project at The Mines Resort City in Selangor.

Nestlé (Malaysia) Bhd reported a 33.5% increase in net profit to RM114mn for the third quarter ended Sept 30, 2025, compared with RM85.4mn a year earlier, supported by robust sales growth and disciplined cost management.

Alpha IVF Group Bhd posted a 6.3% jump in net profit for 1QFY26 to RM15.3mn from RM14.4mn a year earlier, driven by higher sales and improved margins.

Dufu Technology Corp Bhd returned to the black in 3QFY25, reporting net profit of RM10.5mn from a loss of RM3.2mn in 3QFY24.

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