KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
Scientex Bhd
is acquiring 203.6ha of land in Pulai, Johor for RM580.0mn to expand its land bank for a mixed development.
CIMB Group Holdings Bhd is reportedly exploring a sale of its Philippines business as part of efforts to streamline operations and focus on larger growth markets. The potential divestment could value the business at up to USD200.0mn.
Samaiden Group Bhd said its contracts to undertake works for a 99.99MW LSS5+ project are worth RM238mn.
Insights Analytics Bhd's wholly owned subsidiary, Insights Analytics Technologies Sdn Bhd, has accepted a Letter of Award worth RM14.4mn from K J S Capital Sdn Bhd to act as sub-contractor for the construction, operation and maintenance of the 7 MLD Suai Water Treatment Plant in Miri, Sarawak.
Zetrix AI Bhd said the exact amount owed to the Road Transport Department is still being finalised, after Transport Minister Anthony Loke said the company had accumulated RM314.0mn in unpaid remittances.
Dialog Group Bhd Bhd said its 50.01%-owned joint venture company, Pan Orient Energy (Siam) Ltd, has been awarded concession rights and operatorship for the L8/66 exploration block onshore Thailand.
Elridge Energy Holdings Bhd is investing RM45.0mn to venture into the manufacturing and sale of activated carbon for use in water treatment, industrial purification and related filtration.
Mesiniaga Bhd has secured a RM32.3mn contract from the Royal Malaysian Customs Department for the maintenance and licence renewal of the MyGST System.
Willowglen MSC Bhd has secured a RM17.8mn contract from Mass Rapid Transit Corp Sdn Bhd to upgrade the public address and passenger information display system for the MRT Kajang Line.
Berjaya Corp Bhd said its main businesses at Berjaya Hills remain fully operational despite enforcement action by Pahang authorities, with no material financial or operational impact expected.
OCK Group Bhd has signed an in-principle agreement to develop telecommunications infrastructure for selected Sun Group projects in Phu Quoc, Vietnam. The initial phase involves an investment of VND13.0bn, or about RM2.0mn.
Sunway Bhd, via Sunway Malls, said Sunway Ipoh Mall has secured an 80% leasing commitment ahead of its scheduled opening in 4QCY27.
Asteel Group Bhd has appointed former Inspector-General of Police Tan Sri Razarudin Husain as independent non-executive chairman and new controlling shareholder Datuk Clifford Hii Toh Leong as executive deputy chairman.
Top Glove Corporation Bhd posted a net profit of RM157.6mn for its 4QFY26, nearly five times the RM34.8mn recorded a year earlier, as revenue rose 40.0% YoY to RM1.25bn. For FY26, net profit nearly tripled to RM308.0mn.
