KUALA LUMPUR: Yinson Holdings Bhd
, Kelington Group Bhd, Heineken Malaysia Bhd, Fraser & Neave Holdings (F&N), IJM Corp Bhd, Willowglen MSC Bhd, OCR Group Bhd and Eversendai Corp Bhd are among the stocks to watch today following their latest news.
Yinson may be taken private in a RM8bil deal led by the Lim family with Stonepeak Partners and existing institutional shareholders.
Talks are advanced, with a potential scheme of arrangement being considered, though no final agreement has been reached, Bloomberg reported.
Heineken Malaysia will expand exports as part of a regional supply shift, supplying Singapore and Asia Pacific markets under its parent’s EverGreen 2030 strategy.
The move is expected to boost efficiency and scale over time, with meaningful impact only from 2027 as Singapore transitions to an import-based model.
Kelington has secured a contract worth RM413.7mil to undertake a semiconductor wafer fabrication facility project in India.
Year-to-date, it has secured new contracts totalling approximately RM555mil.
F&N has appointed Tarang Gupta as chief executive officer (CEO) designate, effective July 1, 2026. He succeeds Lim Yew Hoe, who retires as CEO on Sept 30, 2026.
IJM said it is not involved as an entity in an ongoing investigation by the Malaysian Anti-Corruption Commission (MACC), following clarification from the anti-graft body.
Willowglen MSC’s wholly-owned subsidiary, Willowglen Services Pte Ltd has been awarded a contract valued approximately RM5.67mil by PowerGas Ltd, Singapore for the comprehensive maintenance of gas scada remote terminal units.
Eversendai’s structural steel contract for the Neom Trojena Ski Village has been terminated due to geopolitical tensions in the Middle East.
The group expects compensation for completed works and costs, while maintaining a strong order book and outlook for new projects.
Eversendai announced in July 2024 that it was partnering with Emirates Steel, a unit of Abu Dhabi’s Emirates Steel Arkan Group, to construct the Neom Trojena Ski Village.
OCR Group is disposing of a 1.85-hectare Shah Alam land parcel for RM45mil to realise gains and strengthen its cash position. The sale is expected to generate a RM4.03mil gain and will be used to reduce borrowings and fund ongoing developments.
