KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
Telekom Malaysia Bhd
said it will continue to extend its full cooperation with the US Department of Justice concerning former employees of TM USA Inc.
Bumi Armada Bhd's wholly-owned subsidiary Armada Jalu B.V. has signed a production sharing contract with the Ministry of Energy and Mineral Resources of Indonesia for the Jalu Working Area in North Sumatra Basin, Andaman Sea, northeast of Aceh, Indonesia.
Gamuda Bhd's wholly owned subsidiary in Australia, DT Infrastructure, has secured two engineering, procurement and construction contracts worth AU$1.1bn (approximately RM3.1bn) for the delivery of Smoky Creek and Guthrie's Gap solar power stations.
Kerjaya Prospek Group Berhad secured two new contracts worth a combined RM102.6mn via its wholly-owned subsidiary, Kerjaya Prospek (M) Sdn Bhd, involving piling and earthworks as well as the construction of landed residential units on Andaman Island, Penang.
EXSIM Hospitality Bhd has secured a RM45.0mn contract from AmFIRST Real Estate Investment Trust to redevelop Summit Hotel USJ in UEP Subang Jaya, Selangor, into a 17-storey hotel with three basement levels.
ITMax System Bhd has secured a RM79.9mn variation order through its subsidiary Southmax Sdn Bhd from the Iskandar Puteri City Council, expanding its smart infrastructure footprint in Johor.
Bina Darulaman Bhd's subsidiary BDB Infra Sdn Bhd has secured a RM251.7mn state road maintenance contract from the Kedah state government.
Insas Bhd said its wholly-owned units, Insas Plaza Sdn Bhd and Insas Technology Bhd, have sold 100.0mn shares in Inari Amertron Bhd for RM186.0mn, trimming the investment group's stake in the outsourced semiconductor assembly and test provider to 9.7%.
Matrix Concepts Holdings Bhd has concluded an industrial land sale to Golog Holdings Sdn Bhd to incorporate cold chain infrastructure into its MVV City development within the Malaysia Vision Valley 2.0 corridor.
Meta Bright Group Bhd said it is acquiring a 70% stake in TTOP Industrial & Engineering Sdn Bhd for RM9.3mn, marking the group's expansion into higher-margin electrical engineering work.
Nestlé (M) Bhd is expanding its plastic waste recycling initiative, Project SAVE, in Kedah through a collaboration with the Solid Waste Management and Public Cleansing Corporation.
SkyeChip Bhd's share price nearly quadrupled on its Main Market debut at RM3.50, surging RM2.62 or 297.7% above its initial public offering price of 88 sen.
Tune Protect Group Bhd's net profit fell 44.1% to RM3.3mn in 1QFY26 from RM5.9mn a year ago, on the back of a more challenging macroeconomic and operating environment.
S P Setia Bhd's net profit for 1QFY26 more than halved to RM31.1mn, its lowest since 3QFY21, dragged by higher foreign exchange losses despite logging higher revenue.
Solarvest Holdings Bhd posted its best full-year performance since listing, as net profit surged 53.7% YoY to RM79.8mn for FY26, driven by stronger utility-scale solar project contributions and higher profit sharing from associates.
MR DIY Group (M) Bhd's net profit rose to RM192.0mn in 1QFY26, from RM174.1mn in the same period last year, driven by revenue growth and improved gross margins.
