Kumpulan Jetson Bhd
is divesting its adhesives and healthcare trading businesses for RM15.8mn as part of a portfolio rationalisation to focus on its core automotive anti-vibration segment.
Leform Bhd has signed a non-binding MOU with Nippon Steel Trading Corporation to expand steel procurement, prioritise sourcing, and collaborate on technical expertise to improve operational efficiency and supply chain stability.
Capitaland Malaysia Trust reported a strong 1QFY26, with NPI rising 14.7% YoY to RM80.4mn and distributable income up 22.7%, driven by contributions from newly acquired industrial/logistics assets and improved retail performance.
United Plantations Bhd reported a softer 1QFY26 with net profit slipping 1.6% YoY to RM160.7mn despite a 24% rise in revenue, as higher palm oil output and sales were offset by cost pressures and forex-related impacts.
AmFirst Real Estate Investment Trust reported FY26 NPI growth of 5% YoY to RM64.1mn, supported by higher occupancy and rental rates, alongside a stronger DPU of 2.87 sen (+19.6% YoY).
AME Real Estate Investment Trust delivered strong 4QFY26 performance, with NPI rising 28.9% YoY to RM14.94mn and revenue up 26.2%, driven by new acquisitions and positive rental reversions, while DPU increased to 2.16 sen.
Foodie Media Bhd reported 2QFY26 net profit of RM3.19mn (-15.6% QoQ) on revenue of RM13.19mn, driven largely by its content and creator segments.
Mayu Global Group Bhd announced that all previously frozen bank accounts (totalling RM10.7mn) have been fully unfrozen following the revocation of the order by authorities, marking the resolution of its AML-related investigation.
LBS Bina Group Bhd’s subsidiary Gerbang Mekar Sdn Bhd has reached a consent judgement to pay RM7mn ex-gratia in instalments to Mega Planner Sdn Bhd (in liquidation), without admission of liability, in relation to a dispute over the M3 Mall sale.
TAS Offshore Bhd has appointed Lau Choo Chin as managing director effective April 30, succeeding Datuk Lau Nai Hoh, who is stepping down due to health reasons.
