Trading ideas: AirAsia X, Mega First, F&N, Mah Sing, NationGate, DXN, Capital A, Apex Healthcare, Lim Seong Hai, Southern Score, Mulpha, Kimlun, BWYS, Cabnet, Komark, Sentral REIT, Alpha IVF


KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.

AirAsia X Bhd targets US$500.0mn to US$600mn in debt restructuring after the budget airline this week bought the short-haul aviation business of Capital A Bhd.

Mega First Corporation Bhd is set to acquire an additional 12.5% stake in packaging film subsidiary Stenta Films (M) Sdn Bhd for RM33.1mn in cash.

Fraser & Neave Holdings Bhd said it remain focused on building future value through innovation, diversification and transformation in the FY26.

Mah Sing Group Bhd has opened a new ingress and egress ramp and toll plaza to Bestari Perdana along the Senai-Desaru Expressway, a move expected to accelerate the growth of its 1,313-acre integrated township, Meridin East.

Nationgate Holdings Bhd has been cleared by tax authorities, sending its shares to the highest in over two months.

DXN Holdings Bhd has signed a memorandum of understanding with Brazil’s Apex-Brasil as a potential regional hub for its Latin American operations, involving potential investments of about US$50.0mn.

Capital A Bhd’s 93.5% owned logistics arm, Teleport Everywhere Pte Ltd, has entered into a subscription agreement to issue US$50.0mn in redeemable convertible perpetual securities to funds managed by HPS Investment Partners.

Apex Healthcare Bhd will be officially delisted on 27 January, following the completion of Pharmora Investment Holdings Pte Ltd’s takeover and privatisation of the group.

Lim Seong Hai Capital Bhd plans to seek shareholders’ approval to partner with executive vice-chairman Datuk Lim Keng Guan’s Besteel Engtech Sdn Bhd and inject RM484.8mn for the Morib rejuvenation project.

The independent adviser for Southern Score Builders Bhd’s deal to take over LEAP Market-listed Nova Pharma Solutions Bhd for 37.0sen/share has advised shareholders to accept the deal, saying the price may not be fair but it's reasonable.

Mulpha International Bhd has subscribed to US$20.0mn worth of bonds issued under Sun Hung Kai & Co (BVI) Ltd’s US$3.0bn Guaranteed Medium Term Note Programme.

Kimlun Corporation Bhd has successfully issued Islamic commercial papers with a nominal value of RM10.8mn pursuant to its ICP programme.

BWYS Group Bhd will sell its leasehold industrial land with buildings in Bukit Changgang, Kuala Langat, Selangor, for RM67.0mn and acquire freehold industrial land in Tanjong Duabelas, Kuala Langat, for RM94.5mn.

Cabnet Holdings Bhd’s wholly owned Cabnet M&E Sdn Bhd has secured two contracts worth RM14.8mn from Haily Construction Sdn Bhd for electrical system works on shops and a serviced apartment project in Johor.

Komarkcorp Bhd has proposed a share capital reduction of RM148.7mn to offset its significant accumulated losses.

Sentral REIT’s manager Sentral REIT Management Sdn Bhd has appointed Tay Hui Ling as acting CEO effective 22 January 2026, with her appointment to be formalised once the Securities Commission approves it.

Alpha IVF Group Bhd’s 2QFY26 net profit fell 20.5% YoY to RM12.0mn as pre-operational costs tied to its ongoing expansion weighed on profitability.

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