KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
JS Solar Holding Bhd
has secured a letter of acceptance from GSPARX Sdn Bhd for engineering, procurement, construction and commissioning works and battery energy storage system at Aeon Mall Seremban 2, worth RM18.1mn.
YBS International Bhd is proposing to acquire a piece of land measuring approximately 8,088 sq metres in Perai, Penang from Premium Starhill Sdn Bhd for RM23.5mn.
Kerjaya Prospek Group Bhd has raised its stake in ES Sunlogy Bhd to 31.0% from 28.3% after acquiring an additional 21.0mn shares or 2.7% for RM5.4mn.
Ekovest Bhd plans to raise up to RM355.9mn via a renounceable rights issue of up to 1.8bn shares at 20.0 sen each to fund key infrastructure and property projects including the LIKE expressway and pare down debt.
DXN Holdings Bhd's indirect wholly-owned subsidiary, DXN Marketing (Brasil) LTDA, has entered into a Reciprocal Commitment Agreement with the Municipality of Ibia for the proposed development of an industrial plant in Minas Gerais, Brazil.
Straits Energy Resources Bhd plans to diversify into engineering, procurement, construction and commissioning services, saying the move would allow it to pursue higher-value contracts in renewable energy, data centres and smart city infrastructure.
Alam Maritim Resources Bhd has announced that its group managing director and group CEO, Datuk Azmi Ahmad, is under remand to facilitate an ongoing investigation by the Malaysian Anti-Corruption Commission.
Destini Bhd directors Datuk Abd Aziz Sheikh Fadzir and Ismail Mustaffa have resigned from the board effective Aug 15.
Unisem (M) Bhd has appointed Kwong Kwai Hong as its chief technology officer, effective Sept 1, 2026.
Wasco Bhd's renewable energy arm, Wasco Greenergy Bhd, has appointed Wong Yin Kee as its group managing director, effective Aug 18, 2026.
Malakoff Corp Bhd reported a net profit of RM31.7mn in 2QFY26, down from RM62.8mn a year earlier, as revenue dropped to RM1.9bn from RM2.0bn on lower capacity payments from Tanjung Bin Power Sdn Bhd.
Sports Toto Bhd reported a net profit of RM62.5mn in 4QFY26, up 55.0% YoY from RM40.4mn, driven by stronger performance from STM Lottery Sdn Bhd and lower investment-related expenses.
99 Speed Mart Retail Holdings Bhd recorded a net profit of RM164.0mn in 2QFY26, up 13.4% YoY from RM144.6mn, driven by continued expansion of the outlet network and the nationwide implementation of earlier opening hours.
SkyeChip Bhd posted a net profit of RM13.9mn in 1QFY27, with revenue of RM49.6mn, supported by contributions from its silicon intellectual property and custom application-specific integrated circuit businesses.
HE Group Bhd reported a net profit of RM5.1mn in 2QFY26, up 61.0% YoY from RM3.2mn, driven by higher project progress recognised on ongoing contracts including data centre projects.
AmFirst Real Estate Investment Trust reported a profit after tax of RM6.6mn in 1QFY27, up 102.8% YoY from RM3.3mn, driven by higher occupancy, improved operating performance and lower finance costs.
Seng Fong Holdings Bhd recorded a net profit of RM12.5mn in 4QFY26, nearly four times the RM3.5mn in the year-ago quarter, with gross profit margin nearly doubling to 7.6% from 3.8%.
