KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
IJM Corp Bhd
said officers from the Malaysian Anti-Corruption Commission and the Inland Revenue Board were present at the company’s office on Monday to "obtain information as part of their process".
Bursa Malaysia Securities has approved Perak Corp Bhd’s proposed regularisation plan, enabling the PN17 company to proceed with a multi-part restructuring.
Bursa Malaysia Securities has approved the voluntary withdrawal of Kuchai Development Bhd from the Main Market, with the delisting to take effect on Jan 22, 2026.
Favelle Favco Bhd has secured three new contracts to supply tower and offshore cranes worth a combined RM76.3mn.
CAB Cakaran Corporation Bhd’s 58.02% owned unit, Pasaraya Jaya Gading Sdn Bhd entered into a sale and purchase agreement with Fah Leong Sdn Bhd to acquire an industrial building with an office in Kuantan for RM2.8mn.
Reservoir Link Energy Bhd has secured a contract from Hibiscus Oil & Gas Malaysia Ltd to provide third-party subsurface review and technical assurance services for the PM3 CAA carbon capture and storage project.
Opensys (M) Bhd has secured a RM22.1 order to supply new cash recycling machines.
Teladan Group Bhd has launched the Bukit Intan Commercial Centre in Seremban, marking its first project outside its home base of Melaka.
PJBumi Bhd, via its wholly owned subsidiary has formed a joint venture with China-based INTLEF Horizon Pressure Control to undertake oilfield-related projects in Malaysia, Indonesia and other markets.
AirAsia X Bhd has appointed Tharumalingam Kanagalingam, better known as Bo Lingam, as its new group CEO, effective immediately.
M&A Equity Holdings Bhd has placed its 75%-indirect subsidiary Darul Majumas Sdn Bhd under members’ voluntary winding-up to streamline operations and reduce administrative costs, as the unit has been dormant since July 2025.
Alliance Bank Malaysia Bhd has launched its first owned headquarters, the 24-storey Menara Alliance Bank on Jalan Ampang, supporting its Acceler8 2027 strategy and housing about 2,000 employees.
