Trading ideas: Sime Darby Property, NuEnergy, Rapid Synergy, IJM, Chin Hin, Alliance, Oriental, Paragon Globe, Apex Healthcare, LTKM, F&N, Maxis


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

Sime Darby Property Bhd and SD Guthrie Bhd have agreed to jointly develop an industrial and logistics hub within a 3,000-acre master plan in Kuala Selangor.

NuEnergy Holdings Bhd has accepted two letters of award worth RM270mn from Binastra Green Energy Sdn Bhd to undertake EPCC works for a 65MWp solar PV plant with 200MWh BESS in Pasir Gudang, Johor.

Rapid Synergy Bhd is selling its Teluk Intan mall (Rapid Mall Seri Intan & Giant) to Lotuss Stores for RM41mn.

IJM Corp Bhd has denied being approached for a potential merger with Sunway Bhd, following a media report claiming both parties had been in discussions for over a year.

Chin Hin Group Bhd is partnering PTT Synergy Group Bhd to develop smart warehouses and industrial parks integrating AI, automation, digital twins and RE solutions.

Alliance Bank Malaysia Bhd has raised RM400mn from the capital market — comprising RM200mn additional tier-1 capital (7-year, 4.18% distribution rate) and RM200mn subordinated MTN (15-year, non-call 10, 4.04% coupon).

Oriental Holdings Bhd is acquiring three hotels — Bayview Beach Resort Penang, Bayview Hotel Georgetown and Bayview Hotel Langkawi — for RM411mn in cash from major shareholder the Loh family.

Paragon Globe Bhd has signed a 5-year collaboration with UOB Malaysia, appointing the bank as preferred partner for upcoming projects — focusing on green financing, sustainability and JS-SEZ-linked cross-border investments.

Apex Healthcare Bhd has received a conditional voluntary takeover offer at RM2.64/share from Pharmora Investment Holdings Pte Ltd, a vehicle controlled by Quadria Capital Fund III.

LTKM Bhd saw Datuk Seri Chiau Beng Teik cease to be a substantial shareholder after disposing 2.65mn shares via off-market trades, trimming his stake to 4.98% (from 5.33%).

Fraser & Neave Holdings Bhd reported a 34.5% YoY jump in 4Q25 net profit to RM114.3mn (FY25: RM508.5mn), despite revenue easing 2.3% YoY to RM1.22bn (FY25: RM5.2bn).

Maxis Bhd posted a 13% YoY rise in 3QFY2025 net profit to RM412mn, supported by higher service revenue and cost controls.

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