KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
DKSH Holdings
(Malaysia) Bhd has decided to table its selective capital reduction and repayment proposal to minority shareholders, after its non-interested directors concluded deliberations on the RM249.1mn privatisation plan.
KJTS Group Bhd has signed an agreement with China Construction Yangtze River Malaysia Sdn Bhd to jointly pursue data centre and infrastructure-related projects in Malaysia and selected overseas markets.
Ekovest Bhd has called off its proposed RM1.2bn acquisition of Credence Resources Sdn Bhd after a heads of agreement with Tan Sri Lim Kang Hoo lapsed.
A consortium comprising Coastal Contracts Bhd’s Mexican JV company, Coastoil Dynamic SA de CV, has received an emergency work instruction from Petróleos Mexicanos to immediately design and build a gas sweetening plant at the Ixachi Field.
Exsim Hospitality Bhd has bagged a RM21.9mn contract from HAB Construction Sdn Bhd to carry out interior fit-out works for a 50-storey mixed commercial development.
T7 Global Bhd's subsidiary, T7 Kemuncak Sdn Bhd, and its consortium partner Vanderlande Logistics Pte Ltd have signed a supplemental agreement with Malaysia Airports (Sepang) Sdn Bhd to revise the completion timeline for the baggage handling system project at KLIA Terminal 1.
Yew Lee Pacific Group Bhd said the financial impact from flooding at its Hatyai plant will be minimal, with insurance covering most of the losses.
AWC Bhd has entered into a strategic MoU with Singapore-based TwinMatrix Technologies Pte Ltd to advance digital innovation across its facilities and infrastructure operations.
Malton Bhd has signed a MoU with China’s Dongguan Benling Vehicle Technology Co Ltd to explore potential collaboration to introduce electric motorcycle assembly operations and a distribution ecosystem in Malaysia.
Steel Hawk Bhd has proposed a bonus issue of warrants on the basis of 1 free warrant for every 2 shares held in the oil and gas services provider.
Industronics Bhd’s independent non-executive chairman Datuk Leong Sir Ley has emerged as a substantial shareholder after acquiring a 6.3% stake in the group.
MTT Shipping and Logistics Bhd has obtained approval from the Securities Commission Malaysia for its proposed listing on the Main Market of Bursa Malaysia Securities Bhd.
Eco-Shop Marketing Bhd’s 2QFY26 net profit grew by 16% YoY to RM61.9mn as margin expansion from higher product prices outpaced sales growth.
Paradigm Real Estate Investment Trust reported a 4QFY25 net property income of RM41.7mn, thanks to savings in electricity costs arising from bulk tariff rate incentives granted.
PGF Capital Bhd's 3QFY25 net profit eased 26.7% YoY to RM4.6mn due to a mark-to-market unrealised loss of RM2.5mn on cross currency swap facilities and a foreign exchange loss of RM1.2mn.
