KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
Tenaga Nasional Bhd
’s unit, TNB Kuala Muda Solar Sdn Bhd, has issued RM1.05bn worth of ASEAN Green SRI sukuk wakalah.
MR D.I.Y. Group (M) Bhd raised RM540.0mn from its maiden bond issuance, comprising Islamic medium-term notes and Islamic commercial papers under its RM5.0bn sukuk wakalah programme.
Cape EMS Bhd is facing a RM279.0mn lawsuit from Aeronas Aerocraft Sdn Bhd over alleged breaches of a proposed aircraft manufacturing collaboration.
KJTS Group Bhd has signed an agreement for its joint venture, Lestari Cooling Energy Sdn Bhd, to assume the asset ownership and capital investment role for cooling systems at eight KIP REIT retail malls.
Meta Bright Group Bhd’s 51%-owned subsidiary, Meta Bright DBO Sdn Bhd, has acquired a 51% stake in Bumidotearth Sdn Bhd for RM44.6mn, marking its entry into the photovoltaic solar and energy storage solutions segment.
PUC Bhd disposed of a 13.76% stake in Pictureworks International Holdings Ltd for RM30.0mn cash, as part of its portfolio optimisation exercise.
PN17 company Zelan Bhd plans to transfer two leasehold office units in Wisma Zelan to sister company MMC Engineering Sdn Bhd to settle RM5.2mn in debt owed for engineering services.
Parkson Holdings Bhd’s 54.97%-owned subsidiary Parkson Retail Group Ltd has renewed the tenancy for its Shanghai store until Dec 31, 2036.
Petronas Dagangan Bhd appointed Petronas executive vice-president Datuk Sazali Hamzah as its new chairman, effective immediately.
SkyeChip Bhd’s public tranche was oversubscribed by 95.03 times ahead of its Main Market listing on May 20, 2026. The group received 74,453 applications for 3.45bn IPO shares, translating into total demand of RM3.04bn, while the IPO price was fixed at RM0.88 per share.
Gold Li Holdings Bhd’s IPO was oversubscribed by 3.26 times ahead of its ACE Market listing, with applications received for 127.8mn shares versus 30.0mn shares made available to the Malaysian public.
Hume Cement Industries Bhd posted a net profit of RM243.8mn for its third quarter ended March 31, 2026 (3QFY26), compared with RM40.6mn a year earlier, mainly lifted by a one-off gain from the disposal of a subsidiary.
SLP Resources Bhd posted a net profit of RM2.6mn for its first quarter ended March 31, 2026 (1QFY26), down 19.7% from RM3.3mn a year earlier, mainly due to weaker domestic demand and pricing pressure.
