KUALA LUMPUR: OGX Group Bhd, Maybulk Bhd, MMAG Holdings Bhd
, Sum Technology Bhd, Carimin Petroleum Bhd, ETA Group Bhd, KESM Industries Bhd and Cypark Resources Bhd are among the stocks to watch today.
OGX Group is expanding into renewable energy through the distribution of Zhejiang Hyxi Technology Co Ltd (HYXI) energy storage products in Malaysia, targeting residential, commercial and data centre customers.
Maybulk is proposing to acquire a RM35.5mil industrial property in Klang as it expands its industrial property business to diversify revenue streams and reduce reliance on its existing core businesses.
MMAG is proposing a capital reduction of up to RM130mil to offset accumulated losses and strengthen its financial position, with the exercise expected to be completed in the first quarter of 2027.
Sum Technology is acquiring a 51% stake in INI Technologies Sdn Bhd for RM2mil as it expands beyond its core MEPF business into intelligent security, monitoring and automation solutions.
Carimin Petroleum has acquired an additional 5.8% stake in Sealink Bhd for RM9.89mil, raising its shareholding to 25.3% and making Sealink an associate company of the group.
ETA Group has entered into six related-party construction and subcontract agreements worth a combined RM130.2mil for three industrial projects in Klang.
The contracts are expected to generate an aggregate gross margin of RM3.18mil and help its design-and-build unit establish a track record in industrial property construction.
KESM returned to the black with a net profit of RM9.45mil in FY26, compared with a net loss of RM8.19mil a year earlier, as revenue rose 6% to RM222.78mil.
The group declared a second interim tax-exempt dividend of 4.5 sen per share, payable on Oct 29.
Cypark returned to the black with a net profit of RM5.7mil in 1Q27, from a RM18.6mil loss a year earlier, as revenue surged to RM180mil from RM41.6mil.
The group said the turnaround was supported by growth across its businesses and entered FY27 with a RM2.4bil order book and RM2.2bil active tender book.
