KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
Mah Sing Group Bhd
is expanding its presence in the Setapak area with the proposed acquisition of 2.8 acres of leasehold land in Sri Rampai for RM44.5mn.
Ken Holdings Bhd’s unit St Paul’s Ventures Ltd is acquiring nine freehold residential units in central London for £5.2mn.
PPB Group Bhd’s 18.8%-owned associate, Wilmar International Ltd, has announced that its indirect 90.0%-owned subsidiary, Yihai Kerry Arawana Holdings Co Ltd, will be appealing a Chinese court ruling involving its subsidiary, Guangzhou Yihai Oils & Grains Industries Co Ltd.
Newly listed Insights Analytics Bhd’s water technology solutions unit has secured a RM11.5mn subcontract to design, build and operate a performance-based water supply project to address acute shortages in the Nibong Tada area of Sibu Division, Sarawak.
Kumpulan Perangsang Selangor Bhd's 51.0%-owned subsidiary Aqua-Flo Sdn Bhd has entered into two separate framework agreements with Pengurusan Air Selangor Sdn Bhd for the supply and delivery of chemicals to water treatment plants for a contracted sum of RM78.1mn.
Loss-making LYC Healthcare Bhd, which operates confinement centres and aesthetic clinics, said it is being sued by one of its key partners, aesthetic doctor Dr Dinesh Kanasen.
MCOM Holdings Bhd said it will diversify into data centre and IT hosting services as well as the sale and leasing of IT-related hardware, infrastructure and computer equipment as it seeks new sources of revenue to turn around its prospects.
Sarawak Plantation Bhd has named Iswandi Ayub, 38, as its next group chief executive officer effective Jan 1, 2026.
Malayan Banking Bhd’s net profit rose 3.0% YoY to RM2.6bn in the 3Q25, thanks to increase in both interest and non-interest income.
Petronas Chemicals Group Bhd narrowed its net losses in 3QFY25 to RM289mn, compared to RM789mn a year earlier, with overall earnings improvement delivered by stronger operational performance, continued cost discipline and lower foreign exchange impact amidst the challenging chemicals market.
Skyworld Development Bhd’s net profit nearly halved to RM7.9mn for 2QFY26, from RM14.5mn a year earlier, reflecting the gestation phase in project development after completing several major projects last year.
KPJ Healthcare Bhd's net profit for 3QFY25 rose to RM93.9mn from RM86.0mn a year ago, driven by higher patient visits and increased bed capacity.
Land & General Bhd’s net profit for 2QFY26 surged by more than six times to RM14.1mn, mainly due to higher contributions from the property division and its education division.
Pesona Metro Holdings Bhd more than doubled its net profit to RM10.9mn for 3QFY25, from RM4.8mn, driven by stronger project margins from ongoing works and contributions from its newly acquired property development subsidiary.
Suria Capital Holdings Bhd’s net profit jumped nearly 20.0% to RM20.3mn in 3QFY25, versus RM17.0mn a year earlier, on the back of higher recognition of revenue from its property development segment.
Bintulu Port Holdings Bhd posted a more than 15.0% rise in net profit to RM32.2mn for 3QFY25, from RM28.0mn a year earlier, on higher revenue and lower operating expenses.
