Trading ideas: AWC, OCK, Bedi, HSS Engineers, Citaglobal, Steel Hawk, Foodie Media, BMS, Samaiden, SP Setia, Duopharma, Pharmaniaga, DLMK, Keyfield


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

AWC Bhd’s subsidiary Ambang Wira Sdn Bhd has secured a one-year extension worth RM63.7mn from the Works Ministry to continue providing building support and facilities management services.

OCK Group Bhd is acquiring Edotco Group’s telecom tower operations in Laos and will start building 30 new tower sites there.

Bedi Bhd has proposed to dispose of a double-storey hypermarket building in Sandakan, Sabah, for RM85mn.

HSS Engineers Bhd has entered into a memorandum of understanding with Japan's CTI Engineering Co Ltd for potential collaboration in engineering consultancy, technology transfer and business development both locally and internationally.

Citaglobal Bhd said its wholly-owned subsidiary Citaglobal Land Sdn Bhd has accepted an award from the Water Supply Department for RM628mn to be the contractor for the dual-function pond for raw water source and flood mitigation Package A project.

Steel Hawk Bhd’s wholly-owned subsidiary has secured a RM35mn contract from Binalite Electrical Engineering Sdn Bhd to establish a 275-kilovolt bulk supply connection to a data centre located in the southern region of Peninsular Malaysia.

Foodie Media Bhd aims to raise RM41.4mn from its IPO ahead of its listing on the ACE Market. The IPO is priced at 30 sen per share and will involve the issuance of 138mn new shares, alongside an offer for sale of 112mn existing shares.

BMS Holdings Bhd, a retailer and distributor of tiles, stone surfaces, bathware and kitchenware, aims to raise RM80.1mn from its IPO in conjunction with its listing on the ACE Market on Dec 8, 2025.

For 1QFY26, Samaiden Group Bhd’s net profit rose to RM6.2mn from RM3.3mn in the previous corresponding period, primarily driven by the construction progress of utility-scale projects.

SP Setia Bhd’s net profit fell 32% to RM68mn in the 3QFY25 from RM100mn a year earlier, dragged by weaker land sales and lower contributions from its Australian projects following substantial handovers in 2024.

Carlsberg Brewery Malaysia Bhd’s net profit rose to RM103mn in 3QFY25 from RM91mn in the previous corresponding period, due to the increase in trade purchases in Malaysia ahead of the price adjustment that took place in September 2025.

For 3QFY25, Duopharma Biotech Bhd’s net profit surged 45% YoY to RM22.6mn, mainly attributable to higher sales coupled with continued favourable active pharmaceutical ingredient costs and foreign exchange.

Pharmaniaga Bhd’s earnings plunged 92.8% to RM7.3mn in the 3QFY25, dragged by higher transportation costs for delivering new products to East Malaysia via air and sea.

Dutch Lady Milk Industries Bhd reported an 86.1% jump in net profit to RM32.1mn for the 3QFY25 lifted by strong liquid milk sales, growth in the professional channel, new product contributions and a one-off support from the Sara cash aid programme.

Keyfield International Bhd’s net profit for 3QFY25 dropped to RM41.3mn from RM81.1mn in the previous corresponding period as revenue dropped to RM132.4mn from RM216.8mn a year earlier. 

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

MSPO certification helps Malaysia meet sustainability requirements in FTAs, says MPOB
Teamstar signs underwriting agreement with TA Securities for ACE Market IPO
Melati Ehsan redesignates COO to CEO
TM Nxera partners with TNB to secure 280MW for data centre campus
Favelle Favco acquires France-based Seram Industries SAS
Ringgit ends firmer as concerns over Fed independence weigh on US dollar
HE Group wins power distribution system contract
Awanbiru appoints Azizah Ali as its group CEO
MN Holdings proposes transfer to the Main Market of Bursa Securities
Vantris Energy divests stake in L&T-Sapura Shipping for 124mil

Others Also Read