KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
Gamuda Bhd
has signed a non-binding MoU to explore supplying excess treated water from its proposed Perak plant to Penang.
Mytech Group Bhd is proposing to formally diversify into moneylending, noting that it has already been operating the business for several years via its wholly-owned licensed unit GW Premium Capital Sdn Bhd.
Kumpulan Perangsang Selangor Bhd said 51%-owned Aqua-Flo Sdn Bhd has secured two contracts worth RM53.1mn to supply pH-adjusters and polyelectrolytes to Air Selangor from Jan 2026, with final amounts dependent on actual call-offs.
IOI Corp Bhd has inked a JV with Singapore-based Mega Star Holding Pte Ltd to develop Malaysia’s first integrated sustainable coconut mill complex in Segamat, Johor with an estimated RM100mn investment.
KNM Group Bhd said shareholders have approved the €270mn (RM1.34bn) disposal of Deutsche KNM GmbH — the unit that houses Borsig GmbH — clearing the final condition for the deal, a day after the group was delisted.
Systech Bhd has partnered Microlink Solutions Bhd to roll out next-generation GPU-as-a-Service infrastructure in Malaysia, powered by Supermicro GPU servers with NVIDIA tech.
Axis REIT is acquiring a 135.5-acre industrial property in Seberang Perai Tengah for RM800mn from Ann Joo Steel Bhd, which will lease it back at RM4.16mn/month for eight years.
Khee San Bhd has launched its renounceable rights issue up to 960.96mn rights shares on a 7-for-1 basis at RM0.10/share, alongside up to 549.12mn free detachable warrants on a 4-for-7 basis as part of its PN17 regularisation plan.
Aeon Credit Service (M) Bhd will subscribe RM125mn new shares in 50%-owned AEON Bank to strengthen capital, with joint partner AEON Financial Service matching its subscription.
Kumpulan Jetson Bhd said 51%-owned Magical Era (M) Sdn Bhd has accepted an LOI from Encore Merger Sdn Bhd for the sale of 30 industrial lots in Taboh Naning, Melaka, for RM22.2mn
GDB Holdings Bhd has obtained a High Court order to enforce an RM83mn adjudication award against KSK Land Sdn Bhd relating to the 8 Conlay project, while KSK’s move to set aside the decision was dismissed.
KUB Malaysia Bhd will be traded as JAG Capital Bhd from 9am on Nov 10, 2025. The stock’s new short name will be JAGCPTL, while its stock code remains unchanged.
Pertama Digital Bhd will face trading suspension on Nov 14 after failing to meet the Oct 31 regularisation plan deadline; delisting is deferred pending appeal outcome.
Sentral REIT reported 3QFY25 NPI of RM36.3mn, dragged by higher one-offs on repairs and replacements, despite revenue rising slightly to RM48.3mn. No income distribution was declared.
Heineken Malaysia Bhd posted a marginal increase in 3QFY2025 net profit to RM112.9mn, driven by reinvestment allowance which helped lower its effective tax rate.
Pentamaster Corp Bhd posted a 45.3% YoY rise in 3QFY25 net profit to RM17.1mn despite revenue slipping 1.4% YoY to RM148.1mn. The group expects a better FY26. No dividend was recommended.
