KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
Astro Malaysia Holdings Bhd
has confirmed it will not be the primary broadcaster for the upcoming Fifa World Cup, officially ending a two-decade uninterrupted run as the tournament's home in Malaysia.
Petronas Gas Bhd
has entered into a deal to secure access to jetty facilities for handling liquefied natural gas cargoes, a move deemed crucial for the development of the group's third regasification terminal in Lumut, Perak.
Pansar Bhd
said its wholly-owned unit Perbena Emas Sdn Bhd has bagged a RM234.9mn contract from Sarawak Rural Water Supply Department for a water treatment plant project in Saratok, Betong.
Padini Holdings Bhd
clarified that none of its employees, officers or management was detained by the Malaysian Anti-Corruption Commission.
A fund backed by EWI Capital Bhd has completed its first major property acquisition in Melbourne, Australia, for AUD381mn (RM1.1bn).
Mudajaya Group Bhd
said its lawsuit over properties promised as payment for construction work on a Kuala Lumpur mixed-development project will return to the High Court for a full trial.
ASM Automation Group Bhd
has seen the emergence of Chong Ming Hang as its new substantial shareholder with a 19% stake.
Cloudpoint Technology Bhd
is planning to acquire another IT firm for RM16.8mn as part of its plan to expand product offerings.
Berjaya Corp
Bhd has disposed of shares in Berjaya Property Bhd and Sports Toto Bhd
to its major shareholder Tan Sri Vincent Tan Chee Yioun for RM18.76mn cash.
Frontken Corporation Bhd
saw its net profit rise more than 36% YoY to RM42.4mn in the 1QFY26, driven by improved performance across core businesses and effective cost management.
Hong Leong Industries Bhd
posted a 39.9% YoY jump to RM138.4mn in net profit for its 3QFY26, driven by an improved motorcycle sales mix and lower raw material costs amid favourable foreign exchange movements.
