KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
Exsim Hospitality Bhd via its wholly-owned subsidiary. EXSIM Concepto Sdn Bhd has secured a RM4.4mn subcontract from Sunthesis Sdn Bhd.
IJM Land Bhd, a unit of IJM Corp Bhd
, has signed a joint venture to develop a 307.2-acre industrial and commercial project in Sedenak, Johor, within the Johor-Singapore Special Economic Zone, with an estimated gross development value of RM1.96bn.
Gamuda Bhd's proposed Weasel Solar Farm and Cellars Hill Wind Farm projects in Tasmania have been selected under Australia's Capacity Investment Scheme, which reduces investment risk by providing a government-backed revenue safety net for up to 15 years.
Oppstar Bhd has refined the delivery structure of an artificial intelligence chip development project awarded by a Yokohama-based client in March, with its wholly-owned subsidiary Oppstar Microelectronics Sdn Bhd entering into a separate US$2.9mn design services agreement for its portion of work.
PMW International Bhd has accepted a purchase order from SL Virtue Sdn Bhd for the supply of pre-stressed spun concrete piles for the construction of connecting road from Meru Raya Expressway to the Ipoh–Lumut Expressway Interchange, Perak, worth RM11.9mn.
Censof Holdings Bhd has received two letters of acceptance from the Inland Revenue Board for contracts with a combined value of RM19.9mn.
My E.G. Services Bhd and Shenzhen Data Exchange Co Ltd plan to jointly establish a cross-border platform for data trading between Asean and China.
Tenaga Nasional Bhd posted a 3.7% increase to RM1.09bn in net profit for the 1QFY26, driven by higher electricity demand and lower fuel costs.
Axiata Group Bhd reported a 71% surge in net profit to RM273.8mn for the 1QFY26 as lower costs offset a decline in revenue.
MISC Bhd reported a higher net profit of RM741.4mn for 1QFY26, compared with RM705.7mn in the corresponding quarter last year due to higher revenue from the petroleum and product shipping segment and the marine and heavy engineering segment.
Sime Darby Bhd's net profit more than tripled to RM654.0mn in the 3QFY26, boosted by a one-off gain of RM434.0mn from the disposal of Malaysia Vision Valley land.
MBM Resources Bhd recorded a net profit of RM63.5mn for 1QFY26, down from RM71.4mn from the same quarter a year ago due to overall market weakness.
TMK Chemical Bhd saw its 1QFY26 net profit jump to RM30.1mn from RM20.8mn a year earlier, driven by higher average selling prices, improved manufacturing efficiencies and sustained margin expansion.
Lianson Fleet Group Bhd's net profit rose to RM21.3mn in 1QFY26 from RM11.4mn a year ago, driven by the continued expansion of the company's vessel portfolio.
Bank Islam Malaysia Bhd's net profit fell 8.9% YoY to RM115.0mn for the three months ended March 31, 2026, mainly attributable to higher overheads, increased finance costs and lower net income.
Cahya Mata Sarawak Bhd reported a 5% YoY decline to RM24.1mn in 1QFY26 net profit, mainly due to the inclusion of a one-off tax credit of RM7.3mn previously.
