Trading ideas: Maybank, MISC, Astro, Suria Capital, Axis REIT, Citaglobal, Metro Healthcare, Tanco, YTL Cement, Encorp, CelcomDigi, Sunway REIT, Pappajack, Dialog


KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.

Malayan Banking Bhd has completed the issuance of RM1.2bn Tier 2 subordinated Sukuk Murabahah under its sukuk programme of up to RM30.0bn.

MISC Bhd has appointed Mohammad Suhaimi Mohd Yasin as chairman, effective yesterday, following his redesignation from independent director.

Radio Televisyen Malaysia will cease broadcasting its channels on Astro Malaysia Holdings Bhd’s satellite platform from July 1, 2026, ending nearly 30 years of collaboration.

Suria Capital Holdings Bhd plans to formally diversify into the power business after its consortium with Innoprise Corp Sdn Bhd, the investment vehicle of Yayasan Sabah, was selected by state regulators to develop a 100MW gas power plant in Kimanis.

Axis Real Estate Investment Trust has proposed to acquire a corner industrial complex in Shah Alam, Selangor, from Rubicon Assets Sdn Bhd for RM38.0mn in cash.

Citaglobal Bhd has signed a MoU with the Lampung Provincial Government in Indonesia to establish a feasibility framework for green infrastructure projects.

Metro Healthcare Bhd plans to reallocate RM15.5mn of its IPO proceeds to diversify beyond its traditional maternity and fertility businesses.

Tanco Holdings Bhd said Wang Gang is the sole director of King Well Holdings Ltd in relation to the proposed joint venture between its indirect wholly owned subsidiary, Tanco Precast Industries Sdn Bhd, and KWHL.

YTL Cement has increased its stake in Concrete Engineering Products Bhd to 70.2% following the close of its mandatory general offer.

Encorp Bhd has entered into a MoU with KBI Properties Sdn Bhd to explore strategic partnership opportunities and potential collaborations in the property development sector.

CelcomDigi Bhd’s net profit rose 8.9% YoY to RM418.0mn in 1QFY26 from RM384.0mn, driven by lower operating expenses and device costs.

Sunway Real Estate Investment Trust posted a near 5.0% YoY increase in net property income for 1QFY26, supported by stronger retail contributions and lower operating costs.

Pappajack Bhd’s net profit jumped 44.6% YoY to a record RM9.0mn in 1QFY26 from RM6.3mn, driven by higher profit margins.

Dialog Group Bhd’s net profit rose 9.9% YoY to RM148.3mn in 3QFY26 from RM135.0mn, driven by positive contributions across its businesses, particularly its Malaysian operations.

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