KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
Kerjaya Prospek Group Bhd
’s wholly-owned subsidiary has accepted a contract from the Department of the Chief Minister of Pulau Pinang for the construction of steel roof structures including a hawker centre at Jalan Gurney for RM56.4mn.
IJM Corp Bhd has begun construction of the self-financed New Pantai Expressway Extension, highlighting private sector leadership in public infrastructure.
Zetrix AI Bhd together with Federation of Malaysian Freight Forwarders will drive the full adoption of digital cross-border trade processing, beginning with the implementation of digital Certificates of Origin for trade between Malaysia and China.
Ucrest Bhd believes its shares have yet to reflect the company's true value, as rising earnings and advances in AI healthcare set the stage for stronger growth.
Privasia Technology Bhd will now independently lead the development of a planned data centre project in Bagan Datuk, Perak.
Cahya Mata Sarawak Bhd is setting its sights on becoming a regional industrial powerhouse by 2030, driven by plans to grow its overseas footprint and boost international revenue.
Advance Information Marketing Bhd has been flagged for material uncertainty by its external auditor, Messrs SBY Partners PLT.
United Plantations Bhd reported a 5.5% dip to RM203.3mn in 3QFY25 net profit as higher operating costs and lower other income offset a rise in revenue, and higher income tax expense led to a profit decline.
For the FY3Q25, Swift Haulage Bhd’s net profit rose to RM7.1mn from RM5.8mn in the previous corresponding period, mainly due to higher gross profit and other income.
Vstecs Bhd expects to post another year of record revenue and profitability after 3QFY25 net profit climbed 31.7% to RM25.8mn, underpinned by the accelerating adoption of digital technologies, cloud computing and AI.
For the 3QFY25, New Hoong Fatt Holdings Bhd’s net profit rose to RM10mn from RM5.5mn in the previous corresponding period primarily due to narrowing foreign exchange losses.
E-commerce-based furniture exporter Synergy House Bhd saw a 74.8% drop in net profit to RM2.8mn for the 3QFY25 on softer market demand linked to US tariffs.
