KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
Gamuda Bhd
’s joint venture with Taiwan-based MiTAC Information Technology Corp has secured a RM3.72bil contract for the Keelung MRT project, with Gamuda’s share valued at RM2.71bil.
The 7.7-year project covers systems and trackwork along a 15.6km alignment serving 13 stations across three cities in Taiwan.
MCE Holdings Bhd
has secured RM23.29mil worth of contracts to supply automotive electronic components for a US vehicle programme over five years, starting in financial year 2027.
Epicon Bhd
has secured a RM47.38mil sub-contract from IJM Construction for works on the New Pantai Expressway extension, scheduled for completion by November 2028.
IHH Healthcare Bhd
is reportedly considering a bid for TPG-backed Asia OneHealthcare’s Malaysian hospital assets, potentially valued at US$6bil to US$8bil, joining several private equity firms in the race as TPG also explores a possible listing in Kuala Lumpur.
AWC Bhd
, through its subsidiary Qudotech Sdn Bhd, has secured a RM39.7mil subcontract from Gamuda Engineering Sdn Bhd for plumbing and water systems at a hyperscale data centre in Port Dickson, bringing its data centre contract wins over the past 12 months to RM127.3mil.
JAG Bhd
plans to acquire freehold land in Shah Alam from Japan’s Kobe Steel Ltd for RM36.89mil to expand its waste management and recycling operations.
Separately, the group will invest RM2.15mil to subscribe for a 6.17% stake in Australian-listed Metal Bank Ltd.
Hibiscus Petroleum Bhd
has partnered with Seri Pajam Development Sdn Bhd to explore power generation and energy projects in Malaysia, including gas, solar and carbon capture systems, to meet growing electricity demand from data centres and AI operations.
Infomina Bhd
’s net profit rose 30.6% to RM10.55mil in the first quarter ended Aug 31, 2026, from RM8.08mil a year earlier.
Revenue increased 39.5% to RM76.19mil from RM54.63mil, driven by higher contributions from its technology infrastructure operations, maintenance and support services segment.
Atlan Holdings Bhd
slipped into a net loss of RM601,000 in 2Q26 from a RM4.07mil profit a year earlier, as revenue fell 24.5% to RM85.22mil amid lower profit margins and higher operating expenses.
