Trading ideas: Supermax, Pharmaniaga, Eversendai, Insas, Rohas, Coraza, TNB, Matrix, IJM, Maybank, IOIPG, QL, MBSB


KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.

Supermax Corporation Bhd's associate company Supermax Brasil Importadora S/A will establish a medical glove manufacturing facility in the State of Paraná, Brazil, with a total investment commitment of about 250.0mn Brazilian real (US$50.0mn or RM195.0mn).

Pharmaniaga Bhd confirmed that it has secured a three-year contract worth RM281.7mn to supply human insulin to government hospitals.

Eversendai Corp Bhd has secured four new projects amounting to RM400.0mn across Singapore and India.

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%.

Rohas Tecnic Bhd has entered into a non-binding term sheet with Chin Kok You to acquire a 51% stake in mechanical and electrical firm Centrix Engineering (M) Sdn Bhd for RM14.3mn.

Coraza Integrated Technology Bhd is acquiring an industrial property in Nibong Tebal, Penang, for RM13.5mn cash to support the expansion of its production and manufacturing activities.

Tenaga Nasional Bhd's RM43.0bn grid modernisation programme is gearing up to meet Malaysia's growing data centre demand, with future energy requirements already incorporated into broader national generation planning to ensure long-term system readiness.

Matrix Concepts Holdings Bhd announced that its Board of Directors has approved the appointment of Kelvin Lee Chin Chuan as group managing director, effective June 1, 2026.

IJM Corp Bhd concluded its FY26 with a quarterly net loss, its first quarter in the red since 2008, weighed down by unrealised foreign exchange losses and a hefty impairment on unsold inventories that completely offset the group's higher revenue.

Malayan Banking Bhd's net profit dipped to RM2.5bn from RM2.6bn in the year-ago quarter, translating to a decline in earnings per share to 20.53 sen from 21.45 sen previously.

IOI Properties Group Bhd saw net profit jump more than threefold YoY to RM258.1mn in 3QFY26, as revenue also surged 38.7% to RM1.1bn.

QL Resources Bhd posted a lower net profit of RM450.4mn for FY26, compared with RM455.1mn in the previous financial year.

MBSB Bhd's net profit fell 64% in the first quarter from a year earlier as a jump in provisions and a decline in interest income offset non-interest income gain.

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