KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
Destini Bhd
's 70%-owned subsidiary M Rail Technics Sdn Bhd has received a RM45.6mn contract from Malaysia's rail assets manager to undertake Level 1 and Level 2 maintenance, repair and overhaul services for 13 Class 61 Diesel Multiple Units train sets.
SNS Network Technology Bhd has secured a US$298.7mn (about RM1.2bn) contract, the largest in the group's history to supply high-performance artificial intelligence (AI) servers to a Singapore-based customer for a data centre in Malaysia.
Aemulus Holdings Bhd's wholly-owned subsidiary Aemulus Corporation Sdn Bhd has secured orders worth US$3.7mn (RM15.1mn) from an undisclosed South Korean customer for test systems for the data centre and AI market.
Oriental Interest Bhd has proposed to acquire the entire equity interest in Chin Hin (Jitra) Sdn Bhd and CHJ Motor Holdings Sdn Bhd for RM280.0mn via a conditional share sale and purchase agreement with LLSB 1980 Holdings Sdn Bhd.
DXN Holdings Bhd's planned capital expenditure for FY27 is up to RM500.0mn, aimed at expanding manufacturing capacity, developing plantation initiatives and accelerating market development in various countries.
Skyworld Development Bhd has launched its first overseas sales gallery and office in Xuan Hoa Ward, Ho Chi Minh City, Vietnam, marking the company's first permanent physical presence outside Malaysia.
UEM Edgenta Bhd has been appointed as project management consultant for the Batang Lupar 1 Bridge, Malaysia's longest river-crossing bridge at 4.8km.
Tenaga Nasional Bhd and Pengurusan Air Selangor Sdn Bhd have signed an Electricity Supply Agreement and a Cooling Energy Supply Agreement, under which TNB will supply high-voltage electricity to the Sungai Rasau Water Treatment Plant in Kuala Langat and provide district cooling services under a 20-year concession agreement.
Capitaland Malaysia Trust achieved a positive retail rental reversion of 11.6% in 1HFY26, with overall portfolio occupancy at 94.4% as at June 30, 2026.
Country Heights Holdings Bhd founder Tan Sri Lee Kim Yew has acquired 6.0mn shares via an off-market transaction on July 24, increasing his stake in the company to 43.9%.
T7 Global Bhd has a new substantial shareholder, lawyer Ian Shang Kuan Chou Chuen, who has increased his stake to 6.2% after acquiring 13.9mn shares, crossing the 5.0% substantial shareholder threshold.
PGF Capital Bhd reported a net profit of RM8.9mn in 1QFY27, up 18.3% YoY from RM7.5mn.
