KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
Chin Hin Group Property Bhd
said the deal the group entered into to develop a RM1.2bn residential project in Taman Connaught, Cheras, has been revoked as it was unable to obtain the relevant development approval for the land.
Berjaya Assets Berhad had on 29 August 2025 and 29 April 2026 disposed a total of 25.3mn of ordinary shares in Berjaya Corporation Bhd via direct business transactions for RM6.9mn.
Coastal Contracts Bhd has secured a 90-day charter contract worth RM7.3mn for its liftboat.
Cropmate Bhd’s external auditors have issued an unmodified audit opinion with a material uncertainty related to going concern for the FY25, citing the freezing of certain bank accounts by authorities and the uncertainty over the duration and financial impact of the restrictions.
KPS Consortium Bhd has proposed to acquire three freehold properties in Rawang for RM45.4mn, for investment purposes.
Scanwolf Corporation Bhd has secured a sub-contract job from Vestland Resources Sdn Bhd for an industrial development in Hulu Langat, Selangor, worth RM6.4mn.
Landmarks Bhd’s external auditor KPMG PLT has issued an unqualified opinion with a material uncertainty related to the group’s ability to continue as a going concern.
Jaycorp Bhd plans to acquire the remaining 40% stake in its subsidiary Jaycorp Green Energy Sdn Bhd for RM15.0mn in cash, as part of a broader move to strengthen its presence in the renewable energy segment and diversify its earnings base.
Country Heights Holdings Bhd says it will take over direct management of Mines Beach Resort after its third-party operator ended the management agreement early.
Pertama Digital Bhd said its audited results for FY25 show a wider loss after tax of RM10.5mn versus the RM3.8mn reported in its unaudited financial statement earlier.
Pasdec Holdings Bhd has promoted its vice-president of property and strategy development, Mohammad Ikhwan Mustapa Al Bakri, to chief executive officer, effective 1 May 2026.
CIMB Group Holdings Bhd's 91.5%-owned Indonesian subsidiary, PT Bank CIMB Niaga Tbk, reported a 6.5% YoY rise in net profit to 1.7trn rupiah (RM394.6mn) in 1QFY26.
Bursa Malaysia Bhd’s 1QFY26 net profit rose 6.4% YoY to RM72.8mn, driven by improved trading revenue from the securities market.
Fraser & Neave Holdings Bhd’s 2QFY26 net profit dropped 31.0% YoY to RM96.3mn, as sales fell faster than operating costs and expenses.
Texchem Resources Bhd’s net profit spike nearly threefold YoY to RM2.6mn in 1QFY26, driven by stronger contributions from most of its business divisions, as well as lower finance costs and tax expenses, and higher other income.
