Trading ideas: CIMB, Affin, WCT, Ireka, Midtown, AWC, Matang, AutoCount, Greentronics, Teladan, PLS, Sapura Industrial, IJM, Senheng, Bank Islam, GDB


KUALA LUMPUR: CIMB Group Holdings Bhd has deployed more than RM4.2bn within the Johor–Singapore Special Economic Zone to support customers and society through cross-border growth and SME expansion.

Affin Bank Bhd has appointed former Court of Appeal president Tan Sri Abang Iskandar Abang Hashim as an independent non-executive director, effective Feb 7.

WCT Holdings Bhd plans to establish a sukuk wakalah programme of up to RM5bn, comprising senior Islamic medium-term notes and/or subordinated perpetual Islamic notes.

Ireka Corporation Bhd has secured a RM125.0mn contract from Sarawak Land (Kemena Park) Sdn Bhd for the proposed construction of the Pinnacle Condominium at Jalan Tanjung Batu, Bintulu, Sarawak.

Midtown Group Bhd has accepted a RM40.5mn contract from Exyte Malaysia Sdn Bhd for the design and construction of main works for KUL22, a data centre in Cyberjaya.

AWC Bhd has secured three projects in Malaysia and Singapore with a combined value of RM26.6mn.

Matang Bhd is expanding its durian plantation footprint through the acquisition of 10 adjacent parcels of agricultural land in Tangkak, Johor, for RM18.2mn in cash.

Autocount Dotcom Bhd has received the necessary regulatory approvals to proceed with the proposed transfer of its listing to the Main Market of Bursa Malaysia.

Greentronics Technology Bhd said it is not aware of any reason for the sharp decline in its share price last Friday, which at one point wiped out about 79% of its market capitalisation.

Teladan Group Bhd has signed an agreement with Melaka Corporation to jointly promote and market industrial land at the German Technology Park in Jasin.

PLS Plantations Bhd has signed partnership and research agreements with Nippon Paper to explore the development of large-scale eucalyptus farming in Malaysia.

Sapura Industrial Bhd, via its 51%-owned sub-subsidiary SIB ZZT Sdn Bhd, has executed an agreement to supply products and materials to EVE Energy Malaysia Sdn Bhd.

IJM Corporation Bhd non-executive chairman Tan Sri Krishnan Tan, who was released last Friday after being detained overnight to assist investigations by the MACC, said he has full confidence in the enforcement process and the laws of the country.

Senheng New Retail Bhd announced the redesignation of its executive chairman, Lim Kim Heng, as managing director, effective March 1.

Bank Islam Malaysia Bhd has appointed Raja Datin Paduka Teh Maimunah Raja Abdul Aziz as its group chief executive officer, effective April 1, 2026, succeeding Datuk Mohd Muazzam Mohamed, who retired early in December 2025.

GDB Holdings Bhd announced a series of boardroom changes following significant shifts in its substantial shareholding structure.

 

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