Trading ideas: Malakoff, Bus Cap, West River, OCR, Destini, MSC, Lotte, FGV, AMMB, JPG, Master Tec, Kawan, DRB-Hicom, KPJ, Hume, Duopharma


Malakoff Corp Bhd's unit Alam Flora Environmental Solutions Sdn Bhd has appointed MMC Engineering Sdn Bhd for RM26.9mn worth of construction works for its Sustainable Facility and Eco-Park Centre in Kemaman, Terengganu.

Bus Cap Bhd and BYD Malaysia Sdn Bhd have signed an exclusive MoU to develop a Malaysia-based new energy commercial vehicle platform, spanning electric bus assembly, manufacturing, sales and after-sales services.

West River Bhd's wholly-owned subsidiary Neutron Power Sdn Bhd has secured Feed-in Approval from Sustainable Energy Development Authority Malaysia under the Feed-in Tariff system for 2026.

OCR Group Bhd has topped out its Residensi Akasia development in Shah Alam, with all 963 Rumah Selangorku units sold within 18 months of its launch.

Destini Bhd shareholders have withdrawn their requisitions to remove four directors ahead of an extraordinary general meeting on Aug 21.

Malaysia Smelting Crop Bhd’s 80%-owned subsidiary Rahman Hydraulic Tin Sdn Bhd has been ordered to temporarily suspend its mining operations by the Perak Department of Minerals and Geosciences, effective Aug 12, 2026.

Lotte Chemical Corp is reviving plans to sell Lotte Chemical Titan Holding Bhd as well as a stake in its Indonesian unit, Korea Economic Daily reported.

FGV Holdings Bhd has appointed Nurul Muhaniza Hanafi as group managing director (with immediate effect, making her the first woman to lead the company.

AMMB Holdings Bhd reorted a net profit of RM520.2mn in 1QFY27, up from RM516.2mn in the year-ago quarter, on the back of higher net income of RM1.33bn compared to RM1.29bn in 1QFY26.

Johor Plantations Group Bhd reported a net profit of RM51.1mn in 2QFY26, down 32.0% YoY, despite revenue rising 4.4% to RM415.8mn.

Master TEC Group Bhd reported a net profit of RM8.4mn in 2QFY26, up 21.5% YoY from RM6.9mn, with revenue rising 34.0% to RM140.5mn from RM104.8mn, driven by higher contributions across all three segments.

Kawan Food Bhd posted a net loss of RM5.7mn in 2QFY26, compared to a net profit of RM3.3mn a year earlier, as revenue fell to RM50.8mn from RM60.2mn.

DRB-Hicom Bhd posted a net profit of RM75.6mn in 1HFY26, broadly flat from RM75.8mn previously, as revenue rose 24.4% to RM10.3bn, underpinned by strong growth in the mobility segment and a narrower loss in the postal segment.

   

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Ringgit opens higher vs US$ as Fed rate hike expectations ease
Oil hits three-week high as US-Iran peace hopes fade
Johor Plantations quarterly revenue up to RM416mil
Dutch Lady cautiously optimistic on the year ahead
AmBank makes resilient start to FY27
Better dividends, Prasarana jobs fuel HI Mobility
Tencent debuts first cloud region in Johor
Record 1H revenue for Lagenda as it eyes growth
Tasco earnings momentum to rise progressively
Mega First declares five sen dividend

Others Also Read