KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
IJM Corporation Bhd
refuted money laundering allegations and denied that it is being probed by UK authorities, as the Malaysian Anti-Corruption Commission launched investigations into allegations of a RM2.5bn money laundering scheme involving the group
Dayang Enterprise Holdings Bhd has contracted a unit of Shin Yang Group Bhd to build a maintenance work boat for RM117.7mn.
Mitrajaya Holdings Bhd’s wholly-owned subsidiary, Pembinaan Mitrajaya Sdn Bhd, has accepted a fourth variation order worth RM42.8mn for data centre main works in Kuala Lumpur.
KKB Engineering Bhd has secured 6 contracts worth a total of RM80.0mn to supply steel pipes, fittings, poles and galvanised structural components.
Greentronics Technology Bhd and Achelous Pure Metal Co Ltd have signed a memorandum of agreement to pursue the development of lithium-ion battery recycling facilities and related businesses.
LFE Corporation Bhd has pulled out of a proposed subcontract worth RM11.5mn from a subsidiary of Sunway Construction Group Bhd, after both parties failed to finalise terms for a formal letter of award.
Swift Energy Technology Bhd has received several purchase orders worth a combined RM18.0mn, covering hybrid power systems, generators, battery boxes and power-factor correction panels for projects in Sabah and Suriname.
ICT Zone Asia Bhd has received a RM17.3mn purchase order to lease information and communication technology hardware and software for a five-year period.
PJBumi Bhd has entered into a US$39.9mn contract to purchase five drilling rigs for its upcoming oil and gas integrated project management drilling work in Indonesia.
Reservoir Link Energy Bhd's unit, Reservoir Link Sdn Bhd had received a work order from Roc Oil (Sarawak) Sdn Bhd to provide perforation services for the D35, D21 and J4 drilling and production enhancement projects.
Mytech Group Bhd’s takeover offer by executive chairman Tan Sri Cheng Joo Teik has turned unconditional after the parties acting in concert crossed the 50% shareholding mark.
Reneuco Bhd has redesignated its executive chairman, Datuk Mustakim Mat Nun, to group managing director and redesignated its non-executive director, Datuk Dr Md Khir Abdul Rahman, to non-executive chairman.
One Gasmaster Holdings Bhd saw the public portion of its IPO oversubscribed by 25.2 times ahead of its listing on the ACE Market on 27 January 2026.
ISF Group Bhd’s IPO on the ACE Market of Bursa Malaysia drew strong investor demand, with the public portion oversubscribed by more than 31 times.
Ancom Nylex Bhd’s 2QFY26 net profit rise 18.9% YoY to RM18.0mn, driven by a 16.2% YoY drop in distribution expenses, a 12.2% YoY decline in administrative expenses and a lower tax expense of RM6.6mn.
