KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
AirAsia X Bhd
has signed a firm order with Airbus Canada Ltd Partnership valued at roughly USD19bn (RM74.3bn) at list prices for 150 A220-300 aircraft.
Niche Capital Emas Holdings Bhd is exploring a partnership with local rare earth firm Greensnow Consolidated Bhd to build a full rare earth supply chain covering mining, processing and infrastructure development.
PN17 company Reneuco Bhd will be delisted from the Main Market of Bursa Malaysia on May 12 after the regulator dismissed its appeal for more time to submit a regularisation plan.
Datuk Abdul Rahman Ahmad has returned to Sime Darby Bhd as its non-independent non-executive chairman, effective immediately.
CIMB Group Holdings Bhd has appointed outgoing Standard Chartered Malaysia chief executive officer Mak Joon Nien as the regional lender’s CEO of growth markets and CIMB Singapore, subject to regulatory approval.
RHB Bank Bhd has appointed former CelcomDigi Bhd CEO Datuk Mohamad Idham Nawawi as an independent non-executive director, effective May 7, 2026.
SD Guthrie Bhd saw its net profit for the 1QFY26 slip to RM560mn from RM567mn a year earlier amid weaker earnings from its upstream plantation business.
Lotte Chemical Titan Holding Bhd narrowed its net loss to RM122.7mn in 1QFY26 from RM125.7mn a year earlier, supported by improved margins in its olefins and derivatives segment, as well as higher reversal of inventory write-downs to net realisable value.
Pavilion Real Estate Investment Trust reported an 11.3% rise in net property income (NPI) to RM158.9mn in 1QFY26 from RM142.8mn a year earlier, driven by contributions from newly acquired hotel assets and stronger performance of its retail properties.
Maybulk Bhd swung to a net loss of RM52.9mn in 1QFY26 from a net profit of RM3.2mn a year earlier, mainly due to a RM54.0mn currency translation loss arising from the liquidation of a foreign subsidiary.
Pentamaster Corp Bhd saw its net profit for 1QFY26 climb 37.3% to RM17.9mn from RM13.1mn in the same period a year ago, thanks to a surge in revenue at its factory automation solutions business.
UOA Real Estate Investment Trust reported a 41.1% rise in net profit to RM14.1mn in 1QFY2026 from RM10.0mn a year earlier, supported by improved occupancies and lower property operating expenses.
I-Bhd reported a 4.6% rise in net profit to RM10.4mn in 1QFY26 from RM10.0mn a year earlier, despite revenue declining 29.2% YoY to RM43.9mn from RM62.1mn.
Dufu Technology Corp Bhd reported a 9.4% increase to RM7.6mn in 1QFY26, attributed to higher sales.
