KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
Sunway Bhd
’s unit, Sunway Treasury Sdn Bhd, has proposed a sukuk wakalah programme of up to RM10 billion to fund working capital and refinancing of borrowings.
Capital A Bhd has clarified that Bursa Malaysia’s decision not to approve its request for an extension to complete the implementation of its distribution of AirAsia X Bhd shares to its shareholders will not materially affect the group’s ongoing corporate exercises.
A Kinergy Advancement Bhd-led consortium has formalised an equipment supply agreement for the planned 1.5gigawatt combined cycle gas turbine power plant project in Perlis.
Orkim Bhd has secured a marine transportation job from petrol station operator Boustead Petroleum Marketing Sdn Bhd, better known as BHPetrol.
T7 Global Bhd has secured a work order from PETRONAS Carigali Sdn Bhd for the provision of integrated well plug and abandonment as well as project management team services for the Zuhal East well.
Insights Analytics Berhad has secured a RM58.4mn sub-contract from Bumia Sdn Bhd to undertake pipeline, mechanical, electrical and infrastructure works for the proposed Betong to Pusa Regional Water Supply Grid in Sarawak.
Alam Maritim Resources Bhd has secured a RM29mn contract from Vestigo Petroleum Sdn Bhd to provide free-span rectification works for a gas pipeline.
Globaltec Formation Bhd, its 70%-owned unit, NuEnergy Gas Ltd, has partnered with PT Beijing Energy Linking to develop its coalbed methane PSCs in South Sumatra.
PJBumi Heavy Engineering & Services Sdn Bhd, a wholly-owned subsidiary of PJBumi Bhd entered into a share sale and purchase agreement to acquire 100% equity interest in Rig Capital Pte Ltd for SGD6,500.
IGB REIT recorded a RM280mn gross fair value uplift across its mall portfolio, driven by valuation increases at Mid Valley Megamall, The Gardens Mall and Mid Valley Southkey, resulting in a net fair value gain of RM234.4mn after adjustments.
ISF Group Bhd has launched its prospectus for an ACE Market IPO priced at 33 sen per share, aiming to raise RM61.2mn ahead of its Jan 28, 2026 listing, valuing the group at RM330mn.
