Trading ideas: Adnex, Kenyalang, Geohan, MGB, Pegasus, OGX, Wong, SimeProp, PRG, Ancom Nylex


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

Adnex Group Bhd's wholly-owned subsidiary Adnex Interior Solution Sdn Bhd has secured a RM11.0mn subcontract with JLL Project and Construction Management Sdn Bhd for an interior design fit-out project.

Hartanah Kenyalang Bhd's unit Hartanah Construction Sdn Bhd has secured a RM41.4mn construction contract in Sarawak for the construction of multi-storey buildings and ancillary facilities.

Geohan Corp Bhd's unit Geohan Sdn Bhd has secured a RM40.9mn contract from China State Construction Engineering (M) Sdn Bhd for foundation and structural works at a mixed-use development at Persiaran KLCC.

MGB Bhd's indirect wholly-owned subsidiary MGB International For Industry has secured a RM44.7mn contract from ROSHN Group Company for mechanical, electrical and plumbing and finishing works at the Marafy Al Arous residential development in Jeddah, Saudi Arabia.

Pegasus Heights Bhd's wholly-owned subsidiary Pegasus Heights Development Sdn Bhd has entered into a sale and purchase agreement with eight vendors to acquire a 3.3-ha freehold vacant land (Lot No. 4092, Mukim Si Rusa) in Port Dickson, Negeri Sembilan for RM6.4mn.

OGX Group Bhd is proposing to acquire a three-storey detached warehouse with a four-storey office annex and guardhouse on a 4,086 sq m land in Damansara, Selangor from Trisystems Engineering Sdn Bhd for RM19.0mn.

Wong Engineering Corporation Bhd is disposing of a 10.0% equity interest in associate company Broadway Lifestyle Sdn Bhd for RM6.3mn in cash via a share sale agreement with Econ Property Management Sdn Bhd.

Sime Darby Property Bhd's wholly-owned subsidiary Sime Darby Property (Klang) Sdn Bhd has been ordered by the Shah Alam High Court to refund RM36.2mn to Lembaga Lebuhraya Malaysia over compensation paid for land acquired for the West Coast Expressway project.

PRG Holdings Bhd has rejected a requisition notice from its second-largest shareholder Datuk Sheah Kok Fah and three others seeking an extraordinary general meeting to revamp the board, after determining that their collective shareholding falls short of the 10.0% threshold required under the Companies Act.

Ancom Nylex Bhd reported a net profit of RM25.0mn in 4QFY26, its strongest quarterly earnings in nearly four years, up more than 46.0% YoY from RM17.1mn in 4QFY25.

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Trading ideas , Adnex , Kenyalang , Geohan , MGB , Pegasus , OGX , Wong , SimeProp , PRG , Ancom Nylex

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