KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
Public Bank Bhd
could see its consolidated net assets and earnings per share decline by 4.0sen following an expected goodwill impairment of HKD2.0bn (RM1.1bn) at its Hong Kong-listed subsidiary, Public Financial Holdings Ltd.
RHB Bank Bhd has sought an extension from Bank Negara Malaysia to finalise negotiations with Tokio Marine Asia Pte Ltd over the proposed merger of their Malaysian insurance businesses.
Genting Bhd’s executive chairman, Tan Sri Lim Kok Thay, has increased his deemed interest in the group by approximately 6.4mn shares to 45.2%, through his private investment vehicle, Kien Huat Realty Sdn Bhd.
IOI Properties Group Bhd has clarified that its board has yet to deliberate on the potential acquisition of two properties in Singapore, following a Bloomberg report quoting CEO Datuk Lee Yeow Seng as saying that the group was in exclusive talks to acquire the Chijmes retail complex and Capitol Kempinski hotel.
Zetrix AI Bhd faces potential sukuk payment obligations of RM2.2bn if it fails to rectify a covenant breach, after managing director Wong Thean Soon ceased to be the group’s largest shareholders, by Oct 22, 2026, which could trigger a payment default.
MNRB Holdings Bhd has completed its inaugural issuance of RM250.0mn in commercial papers under its RM500.0mn CP programme, with a tenure of up to 364 days.
Cape EMS Bhd has proposed to raise RM50.0mn through the issuance of redeemable convertible preference shares to Pro3C (Malaysia) Sdn Bhd, a subsidiary of Taiwan-listed FIC Global Inc, to support a strategic manufacturing collaboration in Johor.
Cosmos Technology International Bhd has secured an RM3.9mn purchase order from Syarikat Air Darul Aman Sdn Bhd for the supply and delivery of pressure and flow data loggers, as well as advanced pressure management control systems.
ISF Group Bhd is seeking to diversify its revenue base by developing recurring income streams through partnerships with state water authorities to reduce non-revenue water.
Eastern & Oriental Bhd has partnered with OCK Group Bhd to develop and operate telecommunications and digital infrastructure on Andaman Island, Penang.
Datuk Vijayasundaram Jeyabalan has emerged as the second-largest shareholder of Turiya Bhd after subscribing for 22.9mn shares, representing a 9.1% stake, through a private placement.
Oasis Harvest Corp Bhd has appointed Datuk Wira Dr Lim Zhao Qi as a non-independent non-executive director, effective Oct 13, 2026, amid its expansion in the food and beverage business and diversification into event management and public relations services.
