Trading ideas: MKHOP, Capital A, MNRB, TNB, Maxis, MFM, Kerjaya, Vizione, Majuperak, Pharmaniaga, LHI, Heineken, MMHE, Samaiden, Velesto, Wasco


Trading in shares of property developer MKH Bhd and its 65.3%-owned plantation unit MKH Oil Palm (East Kalimantan) Bhd was suspended just before market close on Tuesday at the companies' request, pending a material announcement. Separately, Batu Kawan Bhd also requested that trading in its shares be suspended. Batu Kawan is the largest shareholder of plantation giant Kuala Lumpur Kepong Bhd, with a 48.3% stake.

Capital A Bhd will be uplifted from its financially distressed status, Practice Note 17, effective Wednesday (May 20), ending its over four-year stint in the category.

MNRB Holdings Bhd plans to acquire the remaining 80% stake in Labuan Reinsurance (L) Ltd that it does not already own for RM400.5mn in cash, a move aimed at strengthening its regional reinsurance and retakaful presence.

The Santong Battery Energy Storage System project, with a capacity of 100MW/400MWh, developed by Tenaga Nasional Bhd, is the first Bess system in the country to be connected to the national grid.

Maxis Bhd's wholly-owned unit Maxis Broadband Sdn Bhd has issued RM1.0bn in sukuk murabahah under its existing RM10.0bn unrated programme.

Malayan Flour Mills Bhd has allocated RM100.0mn in capital expenditure over the next two financial years to increase its daily flour milling capacity in Vietnam and drive automation in Malaysia.

Kerjaya Prospek Group Bhd has won a contract worth RM174.2mn from IJM Land Bhd's subsidiary to build a high-rise residential development in Seremban, Negeri Sembilan.

Vizione Holdings Bhd has secured a RM65.6mn construction contract for a Federal Territory Affordable Housing (Rumawip) and Civil Servants' Housing Projects (PPAM) project in Sentul.

Majuperak Holdings Bhd, a subsidiary of the Perak State Development Corp, is no longer classified as an affected listed issuer by Bursa Malaysia with immediate effect.

Pharmaniaga Bhd is banking on its expansion into insulin and other biopharmaceutical products to sustain its recovery after chalking up nine consecutive profitable quarters.

Leong Hup International Bhd posted a net profit growth of 13% YoY to RM115.0mn for 1QFY26, as revenue inched up 2.4% to RM2.3bn.

Heineken Malaysia Bhd reported lower first-quarter earnings amid a softer operating environment as the group's net profit fell 14.5% to RM104.5mn from RM122.2mn a year earlier.

Malaysia Marine and Heavy Engineering Holdings Bhd posted a 17% increase in net profit to RM14.3mn for 1QFY26 from RM12.0mn a year ago, supported by stronger contributions from its heavy engineering segment.

Samaiden Group Bhd posted an 81.1% jump in net profit to RM9.1mn for 3QFY26, from RM5.0mn in the same quarter a year earlier.

Velesto Energy Bhd's net profit for Q1 2026 declined to RM27.9mn versus RM52.6mn a year ago. Revenue fell to RM183.4mn against RM224.6mn previously, dragged down by lower average daily charter rates during the quarter.

Wasco Bhd recorded a net profit of RM11.1mn in 1QFY26, compared with RM35.4mn a year earlier.

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