Trading ideas: CelcomDigi, Maxis, HCK Capital, Vestland, Kimlun, Omesti, HeiTech, Ancom Nylex, Citaglobal


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

CelcomDigi Bhd has accepted spectrum assignments in the 2,600MHz and 900MHz bands from the MCMC for RM381.75mil, aimed at strengthening its network capacity, coverage and service quality.

Maxis Bhd has accepted an additional 2x10MHz spectrum assignment in the 2,600MHz band from the MCMC for RM287mil, comprising an upfront fee of RM203mil and RM84mil in annual fees over four years.

HCK Capital Group Bhd has awarded a RM220mil construction contract to Alphazen Contract Sdn Bhd for its RM1.8bil e.Sentral SmartCity development in Shah Alam, paving the way for construction to begin on the project's first phase.

Vestland Bhd has secured a RM225.07mil contract from Pembinaan Rizen for river widening, structural and related works under the Integrated River Basin Development Project in Kelantan, with completion scheduled for October 2028.

Kimlun Corporation Bhd and Astaka Padu Sdn Bhd are jointly developing the RM450mil Amora Serviced Residence in Johor Bahru, comprising 617 units across two towers, with a launch targeted by end-2026.

Omesti Bhd will be renamed Tegra Bhd effective Oct 20, 2026, with its shares and warrants trading under the new short names TEGRA and TEGRA-WD, while stock codes remain unchanged.

Heitech Padu Bhd has secured a RM19.87mil contract extension from the Immigration Department to maintain the Malaysian Immigration System (MyIMMs) for another two years, from February 2027 to February 2029.

Ancom Nylex Bhd’s net profit for the first quarter of its financial year ending May 31, 2027 rose 15.2% to a record RM23.1mil, while revenue climbed 19.2% to RM533.4mil, driven mainly by stronger industrial chemicals sales.

Citaglobal Bhd has proposed a RM255mil share capital reduction to eliminate accumulated losses and facilitate a share buy-back of up to 10% of its issued shares, potentially costing RM60.27mil.

NCT Alliance Bhd's wholly-owned subsidiary NCT World Sdn Bhd has teamed up with Sidec to develop Selangor’s robotics manufacturing ecosystem, with NCT Smart Industrial Park serving as a base for robotics and automation manufacturers.

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