KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
Khazanah Nasional Bhd has disposed of a 2.3% stake in Tenaga Nasional Bhd
, reducing its combined direct and indirect interest in TNB to 18.1% or 1.1bn shares.
Johor Regent Tunku Ismail Sultan Ibrahim announced the launch of RMJDT, a ringgit-backed stablecoin issued on Zetrix AI Bhd’s layer-1 blockchain, which forms the backbone of the Malaysia Blockchain Infrastructure.
Matrix Concepts Holdings Bhd is disposing of 2 parcels of vacant land in MVV Techvalley industrial park in Negeri Sembilan for a total of RM24.6mn in a related-party transaction.
Southern Score Builders has secured an RM87.8mn subcontract to handle electrical works for a data centre project.
DKSH Holdings (Malaysia) Bhd’s controlling shareholder, DKSH Resources (Malaysia) Sdn Bhd, plans to take the group private through a RM249.1mn selective capital reduction and repayment exercise.
Perak Transit Bhd has received a letter from Majlis Daerah Tanjong Malim to manage the Tanjong Malim bus terminal at a specified monthly rental payment for a period of 30 years.
FBG Holdings Bhd has secured a RM206.2mn contract to construct a hotel apartment block or Tower 2 for Johor Bahru City Square as part of its redevelopment by owner, Algreen Properties Ltd.
AWC Bhd's unit Ambang Wira Facilities Sdn Bhd has secured a RM52.3mn contract from the Public Works Department for the facilities management and maintenance of Kompleks Masjid Putra in Putrajaya.
TechStore Bhd has bagged a RM89.7mn contract to provide digital radio and on-board live detection systems for the Kelana Jaya light rail transit line.
Jentayu Sustainables Bhd has cautioned that the legal challenge filed against its 4 December 2025 extraordinary general meeting, if prolonged, may result in delays to the implementation and financing timeline of its Project Oriole hydropower development in Sabah.
PJBumi Bhd through its unit PJBumi Heavy Engineering & Services Sdn Bhd will develop its proposed industrial development in Kedah for RM23.5mn.
One Gasmaster Holdings Bhd, a provider of environmental monitoring, gas detection and gas piping solutions, as well as industrial hygiene services, has signed an underwriting agreement with Malacca Securities Sdn Bhd in conjunction with its proposed IPO on the ACE Market of Bursa Malaysia.
