Trading ideas: Lianson Fleet, LSH, GFM, Advancecon, Berjaya, Pan Malaysia, Evergreen Max, Talam, MMM, CelcomDigi, Capital A


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.

Lianson Fleet Group Bhd plans to acquire two Ultramax-class bulk carriers for USD52.3mn (RM213.2mn) as part of its strategy to expand its marine transportation fleet and diversify beyond its offshore support vessel business.

Lim Seong Hai Capital Bhd is acquiring two 7.0-hectare freehold land parcels in Subang Jaya, Selangor, from the Railway Assets Corporation for RM197.9mn to develop a RM1.9bn GDV mixed-use transit-oriented development.

GFM Services Bhd has secured two release orders worth a combined RM148.2mn for major turnaround work packages at the Pengerang Integrated Complex in Johor.

Advancecon Holdings Bhd has secured a RM121.7mn subcontract to undertake earthworks and associated works for an off-river storage facility supporting a data centre water supply development in Port Dickson, Negeri Sembilan.

Berjaya Corporation Bhd has disposed of 48.5mn shares, representing a 1.9% stake, in Berjaya Assets Bhd for RM14.6mn at 30sen/share.

Pan Malaysia Corporation Bhd announced that its wholly-owned subsidiary, Megawise Sdn Bhd, has granted a RM5.5mn loan facility to its ultimate holding company, Malayan United Industries Bhd, in the ordinary course of business.

Evergreen Max Cash Capital Bhd has proposed to transfer the listing of its entire issued share capital from the ACE Market to the Main Market of Bursa Malaysia Securities Bhd after fulfilling the required listing and profitability criteria.

Talam Transform Bhd's shareholders have rejected all 14 resolutions tabled at last Friday's EGM to remove the current board and appoint a new slate of directors, effectively thwarting an attempt by a group of minority shareholders to take control of the company.

MMM Group Bhd's proposed regularisation plan to exit Practice Note 17 status has been rejected by Bursa Malaysia Securities Bhd, citing concerns over its proposed RM16.0mn acquisition of EDSB Outdoor Sdn Bhd, which forms the cornerstone of the plan.

CelcomDigi Bhd has appointed former MISC Bhd chief executive officer Datuk Yee Yang Chien as an independent and non-executive director.

Asia Digital Engineering, the maintenance, repair and overhaul arm of Capital A Bhd, has won two awards at the MAIA President's Award 2026. 

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