KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
SD Guthrie Bhd
and Menteri Besar Selangor (Incorporation) are exploring a strategic partnership for a 2,500-acre mixed-use industrial development in Sepang Estate, Selangor.
KLCCP Stapled Group said rising cost pressures may weigh on its retail and hotel segments this year amid heightened economic uncertainty from prolonged Middle East tensions.
Tropicana Corporation Bhd is acquiring a total of 15 parcels of land measuring about 24.2 acres in Langkawi, Kedah for a total of RM195.9mn.
7-Eleven Malaysia Holdings Bhd’s, 60%-owned subsidiary QVI Foods Sdn Bhd, has entered into a sale and purchase agreement to acquire a parcel of freehold land for RM19.0mn cash.
Kimlun Corporation Bhd has issued Islamic commercial papers with a nominal value of RM26.4mn under its existing Islamic commercial papers programme.
Avaland Bhd has entered into a conditional agreement to acquire three adjoining parcels of freehold land in Taman U-Thant, Kuala Lumpur, for RM86.0mn as part of its expansion in the Klang Valley.
Cropmate Bhd disclosed that approximately RM12.2mn held in its bank accounts including its major subsidiary have been frozen by the Malaysian Anti-Corruption Commission, citing legal steps are underway to address the matter.
Jasa Kita Bhd is acquiring KT System Sdn Bhd in a deal worth RM10.0mn as part of its efforts to enter the power and utilities infrastructure sector.
Pimpinan Ehsan Bhd has proposed to distribute RM62.9mn in cash to shareholders and voluntarily delist from the Main Market of Bursa Malaysia after the collapse of its long-delayed PN16 regularisation plan involving renewable energy firm reNIKOLA Holdings Sdn Bhd.
Datin Leong Kim Fong has ceased to be a substantial shareholder of TWL Holdings Bhd after disposing of a 0.11% stake.
Nestlé (Malaysia) Bhd’s 1QFY26 net profit rose 27.1% YoY to RM205.1mn, driven by solid topline growth, disciplined cost management and ongoing operational efficiencies across the value chain.
Eco-Shop Marketing Bhd’s 3QFY26 net profit rose 15.5% YoY to RM71.3mn, driven by higher revenue and improved margins.
LPI Capital Bhd’s 1QFY26 net profit rose 1.6% YoY to RM99.5mn as investment income offset decline in insurance earnings.
Alpha IVF Group Bhd’s 3QFY26 net profit rose 4.6% YoY to RM12.5mn while revenue rose 16.1% YoY to RM47.1mn.
Pantech Group Holdings Bhd’s 4QFY26 net profit plunged 92.0% YoY to RM1.2mn, mainly due to lower contribution from its trading division amid softer demand from the oil and gas sector, as well as lower margins in the manufacturing segment.
