KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
CAB Cakaran Corporation Bhd
has signed a non-binding MoU with a wholly owned subsidiary of Singapore-listed Oiltek International Limited to explore a strategic JV in Malaysia that is aimed at developing premium animal feed ingredients using palm oil-derived products.
Tenaga Nasional Bhd has entered into a strategic partnership with Port of Tanjung Pelepas to support renewable energy adoption and decarbonisation efforts under the Green Electricity Tariff programme.
IHH Healthcare Bhd is acquiring Afiniti Wellness in Medini, Iskandar Puteri, Johor, as part of its plan to expand Gleneagles Hospital Johor into an integrated healthcare campus spanning approximately 18 acres.
Duopharma Biotech Bhd has reached an amicable settlement with India-based Sun Pharmaceutical Industries Ltd over a drug trademark dispute. The group did not disclose the terms of the settlement.
Zetrix AI Bhd has withdrawn its first interim dividend of 0.25sen/share, just days before the scheduled entitlement date, to preserve working capital amid mounting financial pressures.
MI Technovation Bhd’s subsidiary, Mi Material Holding Ltd, has launched its IPO on the Singapore Exchange at SGD1.80 per share, targeting total proceeds of SGD203.2mn (RM829.6mn).
GDB Holdings Bhd has secured an RM119.0mn subcontract from I-Ilham Corp Sdn Bhd for construction and completion works under Phase 3 of the Sarawak Flood Forecasting and Warning Programme.
Jati Tinggi Group Bhd has secured an RM30.1mn contract to undertake power infrastructure works for a data centre in Kulai, Johor.
Cosmos Technology International Bhd has signed a non-binding letter of intent to acquire a 51.0% stake in Orisystems for an indicative RM16.5mn, to be satisfied through the issuance of new shares.
MMAG Holdings Bhd, through its indirect subsidiary MJets Air Sdn Bhd, is disposing of a Boeing B737-400SF converted freighter for USD2.8mn (RM11.4mn) as part of its ongoing review of aviation assets and operations.
LYC Healthcare Bhd faces trading suspension and potential delisting from Bursa Malaysia’s ACE Market after failing to secure a replacement sponsor for its proposed GN3 regularisation plan following the withdrawal of UOB Kay Hian (M) Sdn Bhd.
Khee San Bhd has signed a MoU with the Federation of Sundry Goods Merchants Associations of Malaysia and businessman Dr Paul Lim Pang Kiam to develop a digitalisation platform for independent sundry goods retailers.
MBSB Bhd is exploring potential acquisitions of financial institutions or selected assets, including mortgage portfolios, credit card businesses and takaful operations, as part of its longer-term growth strategy.
Toyo Ventures Holdings Bhd has received a privatisation proposal from its largest shareholder at RM0.28 per share through a selective capital reduction and repayment exercise.
Eonmetall Group Bhd has announced that Datuk Seri Lee Hock Seng ceased to be a substantial shareholder following the disposal of 6.1mn shares via the open market on Oct 15, 2026.
KIP Real Estate Investment Trust recorded a marginal increase in net profit to RM17.3mn in 1QFY27 from RM17.2mn a year earlier.
