Trading ideas: Exsim, IHH, Dnex, Alpha IVF, Hartanah Kenyalang, PRG, AAX, PTT, Jentayu, Aizo, TDM, Aeon Credit


Chief executive officer Yew Lip Sin said the company aims to shorten the time required to generate returns from its Indonesian operations versus its experience in Singapore.

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

Exsim Hospitality Bhd has secured a RM63.5mn contract from Cosmopolitan Avenue Sdn Bhd for the design and build of interior design works.

IHH Healthcare Bhd said the conflict in the Middle East has resulted in fewer patient admissions from the United Arab Emirates and Saudi Arabia at its hospitals in India.

Dagang Nexchange Bhd has launched XWHIZ, a homegrown artificial intelligence-powered meeting productivity platform designed to help organisations improve collaboration while keeping sensitive data within Malaysia.

Alpha IVF Group Bhd has increased its stake in Alpha International Women's Specialists (Singapore) Pte. Ltd. to 96.5% after subscribing for additional shares worth SGD1.2mn through a rights issue.

Hartanah Kenyalang Bhd’s subsidiary, Hartanah Construction Sdn Bhd, has secured a RM283.9mn contract from the Public Works Department Sarawak to construct Wisma JKR Sarawak in Kuching.

PRG Holdings Bhd will commence a winding-up petition against Premier De Muara Sdn Bhd, a company linked to its largest shareholder, Datuk Ng Yan Cheng, over RM64.2mn in alleged outstanding payments for construction works on the Picasso Residence project in Kuala Lumpur.

AirAsia X Bhd has officially changed its name to AirAsia Group Bhd, effective July 9, following the completion of its acquisition and consolidation of AirAsia Bhd and AirAsia Aviation Group Ltd from Capital A Bhd on Jan 18.

PTT Synergy Group Bhd is disposing of a 4,987 sq m freehold industrial land parcel in Bandar Bukit Raja, Klang, for RM17.0mn as part of its efforts to rationalise non-core assets.

Jentayu Sustainables Bhd’s substantial shareholder, PK Green Fund, has increased its stake to 13.1% from 9.0% after acquiring an additional 22.0mn shares for RM4.4mn in an off-market transaction on July 7.

Aizo Group Bhd has secured a RM9.1mn subcontract for road and drainage works for a development in Cheras, Selangor.

TDM Bhd said it will pay 9.8% more in annual rent for 32,089 acres of plantation land in Terengganu operated by its subsidiary, KLLT Kumpulan Ladang-Ladang Terengganu Sdn Bhd, following a revision of lease rates.

Aeon Credit Service (M) Bhd’s net profit for 1QFY27 grew 22.7% YoY to RM95.2mn from RM77.6mn a year earlier. 

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