KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
Media Prima Bhd
said its public shareholding spread has fallen below the minimum threshold required under listing regulations, and that it will take the necessary steps to comply.
EG Industries Bhd has secured purchase orders worth USD241.6mn (RM949.4mn) for high-speed 800G optical modules and wireless access-related products from an existing key customer.
FIMA Corporation Bhd’s subsidiary, Percetakan Keselamatan Nasional Sdn Bhd, has secured three contracts worth a combined RM197.0mn from the Education Ministry for the printing and supply of confidential documents.
Destini Bhd said its subsidiary, Destini Oil Services Sdn Bhd, has secured a contract from Petronas Carigali Sdn Bhd for the provision of tubular running services.
Maxland Bhd has terminated two long-term land lease agreements in Kedah that were intended for a proposed data centre and district cooling system development, following a review of the group’s investment direction.
Country Heights Holdings Bhd said a winding-up petition filed by the Inland Revenue Board of Malaysia against its wholly owned subsidiary, Country Heights Commercial Development Sdn Bhd, has been dismissed by the Shah Alam High Court following the full settlement of outstanding tax arrears.
Public Bank Bhd’s net profit rose 0.6% YoY to RM1.8bn in 1QFY26 from RM1.7bn, supported by continued expansion in its loan and deposit portfolios.
Duopharma Biotech Bhd’s net profit rose 19.7% YoY to RM30.7mn in 1QFY26 from RM25.6mn a year earlier. However, quarterly revenue declined 5.7% YoY to RM247.9mn from RM262.7mn, due to softer public sector demand for insulin products.
Keyfield International Bhd’s net profit for 1QFY26 more than doubled to RM56.1mn from RM20.7mn a year earlier, mainly due to gains from the disposal of its accommodation workboat.
Ranhill Utilities Bhd posted a net profit of RM58.4mn for 3QFY26 on revenue of RM612.5mn, with no comparative figures available following the change in the group’s financial year end from Dec 31 to June 30.
AirAsia X Bhd slipped into the red in 1QFY26 as foreign exchange losses and higher fuel costs outweighed record revenue and resilient passenger demand.
Gas Malaysia Bhd’s net profit declined 7.9% YoY to RM92.8mn in 1QFY26 from RM100.1mn, due to lower average natural gas contribution margins in line with lower selling prices, as well as lower finance income, weaker contributions from joint ventures, higher administrative expenses and higher finance costs.
Alam Maritim Resources Bhd’s net profit fell 75.4% YoY to RM5.1mn in 3QFY26 from RM20.7mn a year earlier, despite quarterly revenue rising 48.3% YoY to RM73.1mn from RM49.3mn, primarily driven by higher offshore operational days in the subsea segment.
Sentral Real Estate Investment Trust posted a marginal 1.1% YoY increase in net profit for 1QFY26 to RM19.8mn from RM19.6mn a year earlier, amid higher operating costs.
Petra Energy Bhd reported its largest quarterly net loss in nearly a decade, mainly due to the prolonged suspension of its Banang oilfield offshore Terengganu.
