KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
Coraza Integrated Technology Bhd
is acquiring an industrial property in Nibong Tebal, Penang, for RM13.5mn in cash to support the expansion of its production and manufacturing activities.
Eastern & Oriental Bhd is accelerating the transformation of Andaman Island into a large-scale integrated township in Penang, with the developer unveiling a growing pipeline of residential, retail and lifestyle components across the reclaimed island.
The High Court on Monday granted Berjaya Corp Bhd leave to challenge the additional assessment of RM428.0mn imposed by the Inland Revenue Board for the years 2018 to 2023.
Matrix Concepts Holdings Bhd has partnered with the board of governors of SJK (Tamil) Ladang Labu Bahagian 4 to support long-term community development within the Malaysia Vision Valley growth corridor.
Titijaya Land Bhd's wholly-owned subsidiary Shah Alam City Centre Sdn Bhd has received a notice of additional tax assessment amounting to RM9.6mn from the Director General of Inland Revenue.
UEM Edgenta Bhd returned to profit in the first quarter and said its shares will be suspended from trading from June 12 to support its selective capital reduction and repayment exercise ahead of privatisation by UEM Group Bhd.
Sunway Bhd's net profit surged to RM9.4bn in 1QFY26 from RM190.6mn in the previous corresponding period, mainly due to the net gain arising from the remeasurement of the investment in Sunway Healthcare Holdings Bhd to fair value upon its listing and reclassification as a subsidiary, amounting to RM9.1bn.
Hong Leong Bank Bhd's net profit rose to RM1.0bn in the 3QFY26 from RM946.7mn in the previous corresponding quarter.
CIMB Group Holdings Bhd posted a slightly lower net profit of RM1.9bn in the first quarter, compared with RM2.0bn a year earlier, as higher non-interest income was not enough to offset lower net interest income.
IHH Healthcare Bhd posted a 3% YoY increase to RM528.0mn in net profit for the first quarter, driven by higher inpatient and daycase volumes as well as a greater number of complex cases treated.
Padini Holdings Bhd's net profit dropped 15.9% to RM60.5mn in 3QFY26 from RM72.0mn a year ago due to a decline in sales.
Skyworld Development Bhd's FY26 net profit plunged 46.6% YoY to RM29.99mn from RM56.15mn due mainly to lower gross profit, unrealised foreign exchange losses of RM5.1mn and higher finance costs of RM4.4mn.
Hengyuan Refining Company Bhd rebounded to record a net profit of RM525.6mn in 1QFY26 from a net loss of RM170.4mn a year earlier, supported by higher production and sales volumes.
TIME Dotcom Bhd posted a more than 5% YoY increase to RM119.2mn in net profit for the first quarter, driven by higher revenue and improved margins.
WCE Holdings Bhd narrowed its losses for FY26 to RM89.3mn against RM147.0mn net loss a year earlier as revenue rose 33% to RM839.5mn, driven mainly by higher construction revenue, completion of six Rest and Service Areas and stronger toll collection.
Oriental Kopi Holdings Bhd posted a 19.2% YoY rise in net profit to RM32.1mn for 1HFY26, driven by strong café expansion and higher sales from packaged food products.
UOA Development Bhd's net profit fell 43.3% to RM41.9mn in 1QFY26 from RM74.0mn a year earlier, dragged by lower revenue and weaker fair value gains.
