KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
Tenaga Nasional Bhd
is already undertaking grid planning enhancements to support higher renewable energy integration in line with Malaysia's quest to achieve net-zero emissions by 2050.
CelcomDigi Bhd
and Maxis Bhd
have made payments to acquire portions of Minister of Finance (Incorporated)'s stake and shareholder advances in Digital Nasional Bhd under a shareholders agreement involving major telecommunications players.
AirAsia X Bhd
has elevated Tan Sri Jamaludin Ibrahim, former long-time CEO of Axiata Group Bhd
, to a non-executive chairman, a little over a week after being given a seat on the aviation group's board.
QL Resources Bhd
is buying the remaining 5.0% equity interest in Indonesian plantation firm PT Pipit Mutiara Indah as well as a 21.6% stake in joint venture QL Mutiara (S) Pte Ltd for US$14.7mn, as part of a settlement with Hang Ting Pte Ltd and PT Pipit Citra Perkasa to resolve a dispute dating back five years.
Leong Hup International Bhd
subsidiary, Leong Hup Feedmill Malaysia Sdn Bhd, has secured leave from the High Court to commence a judicial review of the Competition Appeal Tribunal's decision to dismiss its appeal against a Malaysia Competition Commission's fine imposed for price-fixing.
Media Prima Bhd
saw Datuk Seri Johari Abdul Ghani and his son Amir Nashrin Johari emerge as the group's largest shareholder bloc, collectively holding 32.96% of the company.
MR DIY Group (M) Bhd
has proposed to establish two sukuk wakalah programmes with a combined aggregate limit of RM5.0bn in nominal value.
Master TEC Group Bhd
's unit Sediacom Sdn Bhd has received a letter of award worth RM10.5mn for sub-contract works of transmission underground cables and TNB switchyard extension at Pencawang Masuk Utama Bukit Tarek, Hulu Selangor.
Bina Puri Holdings Bhd
's wholly owned subsidiary, Bina Puri Builder Sdn Bhd, has secured a RM42.5mn contract in Limbang, Sarawak from Mexajati Sdn Bhd.
ITMax System Bhd
saw the Employees Provident Fund emerge as its substantial shareholder, after the purchase of an additional 0.1% stake bumped the pension fund's total stake past the 5% disclosure threshold to 5.005%.
Leform Bhd
has signed a share subscription agreement for 148.1mn new ordinary shares with NST Trading Malaysia Sdn Bhd for the subscription of new shares under its ongoing private placement exercise.
Timberwell Bhd
saw Tourism, Arts and Culture Minister Tiong King Sing dispose of his entire nearly 16% stake in the company after accepting a takeover offer from the company's largest shareholder, Wong Wai Foo.
Ekovest Bhd
has secured a 54-year concession from the government for the construction and management of the Laluan Istana – Kiara Expressway.
AME Elite Consortium Bhd is acquiring two parcels of freehold land measuring a total 31.8 acres in Senai, Johor, for RM101.2mn cash from Nice Frontier Sdn Bhd, an indirect 99.9%-owned unit of IOI Properties Group Bhd
.
Wawasan Dengkil Holdings Bhd
's wholly owned subsidiary, Wawasan Dengkil Sdn Bhd has secured a RM116.4mn earthworks subcontract in Selangor from Landasan Angsana Sdn Bhd.
Gamuda Bhd
's earnings grew by 5.0% YoY to RM229.5mn in the second quarter ended Jan 31, 2026, helped by contributions from its domestic construction projects.
