KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
ITMax System Bhd
has secured a RM120.0mn six-year contract from Kuala Lumpur City Hall to supply, install and maintain a smart street lighting system.
Oxford Innotech Bhd has secured RM8.8mn worth of purchase orders to supply precision engineering components for semiconductor mass flow controllers.
MISC Bhd has secured a 10-year LNG shipping contract commencing in 2028 to transport liquefied natural gas from PETRONAS' Bintulu facility to Japan.
Duopharma Biotech Bhd's three wholly owned subsidiaries have secured a six-month extension of their Ministry of Health supply agreements under the Approved Products Purchase List until June 30, 2027.
Sarawak Consolidated Industries Bhd's wholly owned subsidiary, SCIB Industrialised Building System, has secured an RM11.9mn EPCC subcontract for air-conditioning system upgrading works at Universiti Malaysia Sabah.
WCT Holdings Bhd is acquiring the EPF's remaining 30% stake in Jelas Puri for RM140.0mn, giving the group full ownership of the developer behind the Paradigm Petaling Jaya integrated development and greater strategic flexibility for future corporate and asset optimisation initiatives.
Eastern & Oriental Bhd and Majestic Gen Sdn Bhd will jointly acquire a prime freehold site along Jalan Kia Peng for RM189.9mn to develop a premium high-rise residential project.
Komarkcorp Bhd has proposed to dispose of its Cheras industrial property for RM40.0mn to optimise asset utilisation, strengthen its financial position and fund working capital.
Unisem (M) Bhd’s 2QFY26 net profit rose 8.5% YoY to RM9.9mn on the back of a 20.0% YoY increase in revenue to RM570.1mn, driven by higher sales volumes across its key operating units despite higher operating expenses.
Fraser & Neave Holdings Bhd reported a higher 3QFY26 net profit of RM93.6mn despite a 3.8% YoY decline in revenue to RM1.20bn, supported by stronger performance in its Malaysian business and lower tax and operating expenses.
Bina Puri Holdings Bhd reported a net loss of RM107.9mn for its extended 23-month financial period on revenue of RM466.4mn, mainly due to substantial impairment charges and high financing costs across its construction, property and power segments.
Genting Plantations Bhd, through its subsidiary, has successfully raised RM200.0mn via the inaugural issuance of Sukuk Murabahah under its RM2.0bn programme to finance and reimburse the group's property development activities.
Eco-Shop Marketing Bhd is facing a lawsuit over alleged breaches of a tenancy agreement and unauthorised demolition of a property in George Town, with the plaintiffs seeking reconstruction of the premises, monthly compensation, a RM20.0mn security deposit and various damages, while the company intends to defend the claims.
Kumpulan Jetson Bhd's independent forensic review uncovered anomalies involving undocumented payments and irregularities in the execution of its ESOS prior to the current board's appointment.
One Glove Group Bhd's auditor issued an unqualified opinion with a material uncertainty over the group's going concern status, citing continued losses, negative operating cash flow and net current liabilities.
