KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
Oriental Kopi Holdings Bhd
will continue to focus on expanding its café outlets in Malaysia and pursuing entry into new overseas markets as part of its growth strategy.
ASM Automation Group Bhd has formed a business alliance with Tokyo-listed Tokyo Automatic Machinery Works Ltd under a three-year agreement to jointly promote, develop, manufacture and sell new products and technologies.
Wawasan Dengkil Holdings Bhd has secured a RM16.2mn subcontract to undertake flood mitigation works in Sepang, Selangor.
Favelle Favco Bhd has secured four purchase orders to supply tower and offshore cranes worth a total of RM79.0mn.
Malpac Holdings Bhd as requested a 12-month extension up to Nov 28, 2026 to submit its regularisation plan to the relevant authorities.
Alliance Bank Malaysia Bhd 1HFY26 net profit rose to RM206.6mn as compared to RM189.9mn in the year-ago quarter, supported by higher loan volumes across several segments.
Southern Cable Group Bhd continued its strong year as it net profit for 3QFY25 stood at RM35.7mn, its highest on record, nearly double the RM18.6mn booked a year earlier.
Leong Hup International Bhd posted a lower net profit of RM129.1mn for 3QFY25, compared to RM135.0mn in the same period last year as revenue fell to RM2.20bn from RM2.22bn previously.
Hong Leong Industries Bhd posted a new record high quarterly net profit of RM154.9mn in 1QFY26 from RM140.6mn a year earlier on increased sales amid stronger demand for motorcycles.
Nexg Bina Bhd posted a net loss of RM1.1mn in 1QFY26, compared to a net profit of RM206,000 in the same period last year, dragged primarily by lower revenue.
Boustead Heavy Industries Corp Bhd returned to the black in the 3QFY25, posting a net profit of RM0.2mn compared with a net loss of RM12.0mn a year earlier.
WCT Holdings Bhd’s net profit for 3QFY25 plunged 94.0% YoY to RM10.5mn, as it continues to caution against a challenging environment for the engineering and construction industry.
DRB-Hicom Bhd’s net loss widened to RM15.2mn in 3QFY25 from RM5.3mn previously, due mainly to higher losses from the disposal of investment securities.
