Trading ideas: Gamuda, MN, TSR, ETA, Chuan Huat, Tomei, Guocoland, Orkim, Maxis, UOA, AirAsia, LPI, Keyfield, Pharmaniaga


 

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

Gamuda Bhd has secured two EPC contracts worth a combined AUD569.0mn, or about RM1.64bn, for the Ganymirra and Majors Creek solar and battery hybrid projects in Australia.

 

MN Holdings Bhd has secured a RM71.0mn contract from Tenaga Nasional Bhd to build a 132/33kV transmission main intake in Cameron Highlands, Pahang.

 

TSR Capital Bhd has secured a RM16.9mn contract from MIE Industrial Sdn Bhd to undertake site clearing and earthworks for an industrial development in Seremban, Negeri Sembilan.

 

ETA Group Bhd has secured two construction contracts worth a combined RM13.2mn from two wholly-owned units of Eckem Holdings Bhd to build industrial factories and warehouses in Rawang, Selangor.

 

Chuan Huat Resources Bhd plans to raise up to RM5.5mn via a private placement to fund the expansion of its wire mesh production capacity in Nilai, Negeri Sembilan.

 

Tomei Consolidated Bhd is partnering Ta Yoong Group for its pawnbroking venture through a joint venture under JP United Sdn Bhd.

 

Guocoland (Malaysia) Bhd will be delisted from Bursa Malaysia’s official list effective 9am on Aug 18, 2026, following its privatisation via a selective capital reduction and repayment exercise.

 

Orkim Bhd has extended its consecutive voyage charter contracts with Shell Malaysia Trading Sdn Bhd and Shell Timur Sdn Bhd for another six months to Feb 15, 2027.

 

Maxis Bhd has appointed chief executive officer Goh Seow Eng to its board of directors effective Aug 13, 2026.

 

UOA Development Bhd has redesignated chairman Kong Pak Lim as managing director effective Aug 13, 2026, following the passing of co-founder and former managing director Kong Chong Soon in May.

 

AirAsia Group Bhd posted a net loss of RM527.2mn for its 2QFY26, mainly due to higher fuel expenses and foreign exchange losses.

 

LPI Capital Bhd posted a net profit of RM66.9mn for its 2QFY26, down 19.6% from RM83.2mn a year earlier, despite revenue rising 7.4% YoY to RM545.2mn.

 

Keyfield International Bhd posted a net profit of RM23.1mn for its 2QFY26, down 65.2% from RM66.4mn a year earlier, mainly due to lower revenue and the absence of a RM25.7mn disposal gain recorded in 2QFY25.

 

Pharmaniaga Bhd posted a net profit of RM12.5mn for its 2QY26, more than three times the RM4.0mn recorded a year earlier, supported by interest savings from partial repayment of borrowings and effective inventory management.

 

 

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