KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
Aeon Credit Service (M) Bhd
has maintained a cautious outlook for the financial year ending Feb 28, 2027 as it navigates geopolitical tensions, inflationary pressures and an uncertain global economic landscape.
Kerjaya Prospek Group Bhd
has secured a RM488.4mn contract for the construction of a second marina-edge residence at Andaman Island.
Feytech Holdings Bhd has signed a MoU with the Consortium Automotive of Malaysian Universities to develop an industry internship pipeline linking five technical public universities with the automotive manufacturing sector.
Paragon Globe Bhd
is selling 26.4ha freehold land in Iskandar Puteri, Johor to DayOne Data Centers Malaysia III Sdn Bhd for RM398.1mn cash, generating an expected net gain of RM189.7mn.
AirAsia X Bhd
expects to gradually lower airfares following the recent decline in jet fuel prices, while restoring capacity that had been reduced during the surge in fuel prices caused by the conflict in West Asia.
Sunway Bhd
's indirect wholly-owned subsidiary, SMCL Haven 3 Pte Ltd, has secured a prime residential development site in Singapore following a successful bid of S$750.6mn through a joint tender with CSC Land Group (Singapore) Pte Ltd.
SkyeChip Bhd has signed a definitive agreement for access to an Arm Flexible Access token under the government’s cooperation programme with Arm Holdings plc.
Kawan Food Bhd
will appoint a new external auditor after shareholders rejected the re-appointment of Messrs RKT & Associates PLT, formerly RSM Malaysia PLT, at its annual general meeting.
HSS Holdings Bhd plans to strengthen its presence across Southeast Asia, capitalising on rising demand for halal products following its Bursa Malaysia ACE Market debut.
ICT Zone Asia Bhd
recorded a 34.6% YoY rise in net profit to RM4.5mnn for its 1QFY27, supported by strong growth in ICT hardware and software trading and continued expansion of its technology financing segment.
