KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
Petronas Gas Bhd
received a notification letter from the Ministry of Economy on April 30, 2026, to develop the Third Regasification Terminal in Lumut, Perak based on the floating storage and regasification unit concept.
Exsim Hospitality Bhd, through its wholly owned subsidiary EXSIM Concepto Sdn Bhd, has secured a RM2.1mn interior fit-out contract from Epic Team Construction Sdn Bhd, covering interior and electrical works for Maybank KLCC.
MISC Bhd has secured a contract from PETRONAS Gas Bhd to provide and maintain a newbuild floating storage and regasification unit.
XL Holdings Bhd's wholly-owned subsidiary, XL Retail Sdn Bhd, has entered into an asset purchase agreement to acquire the business assets of 34 "Giant Mini" outlets for RM15.0mn.
Feytech Holdings Bhd has bagged a RM96.8mn seat cover supply contract for an upcoming Proton model, with production set to commence in due course.
IQ Group Holdings Bhd has announced the closure of its wholly owned subsidiary IQ Group Sdn Bhd's manufacturing operations on May 5, 2026 to improve cost efficiency and better utilisation of resources across its operations.
Cropmate Bhd said it was notified by its solicitor on May 1, 2026, that some of the group and its subsidiary's bank accounts have been partially released by the Malaysian Anti-Corruption Commission.
AGX Group Bhd's associate company, All-Link Singapore, has submitted its application for a corporate exercise to the Singapore Exchange Securities Trading Ltd that will see AGX's effective equity interest in the company diluted from 30.0% to about 23.2%.
PMW International Bhd said its wholly-owned subsidiary PMW Winabumi Sdn Bhd has renewed its long-standing concrete poles supply agreement with CTS Horizon Sdn Bhd.
Top Glove Corp Bhd has been included in the S&P Dow Jones Best in Class Index 2026, marking its seventh consecutive year of recognition on the globally tracked sustainability benchmark.
Maxim Global Bhd has received a mandatory takeover offer of 24 sen per share from its managing director Tan Sri Gan Seong Liam.
Eurospan Holdings Bhd's controlling shareholder is selling down its stake in the furniture maker by June 25, 2026, to comply with the bourse's public shareholding requirement.
Industronics Bhd has triggered Practice Note 17 status after its external auditor issued a disclaimer of opinion on the group's audited financial statements for the 15-month period ended Dec 31, 2025.
