KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
Sunway Healthcare Holdings Bhd and Putrajaya Holdings Sdn Bhd have formed a 60:40 joint venture to develop a 325-bed private hospital in Putrajaya, with construction slated to begin in late 2027 and completion targeted for 2031.
Encorp Bhd
, through its wholly-owned subsidiary Encorp Construction & Engineering Sdn Bhd, has secured a RM16.96mil contract to build staff housing for its major shareholder, the Federal Land Development Authority (Felda).
AME REIT's net property income rose 11.5% to RM16mil in the second quarter ended Sept 30, 2026, driven by higher rental income and contributions from three newly acquired properties, while net income surged 56% to RM15.2mil, boosted by a fair value gain on investment properties.
SkyeChip Bhd has partnered with Japan’s SAIMEMORY Corp, a SoftBank subsidiary, to provide design and engineering support for next-generation AI memory technology aimed at improving processing performance and reducing power consumption.
Tenaga Nasional Bhd (TNB) and Malaysia Rapid Transit Corporation Sdn Bhd (MRT Corp) have joined forces to explore renewable energy solutions, electric vehicle (EV) charging and energy-efficient rail infrastructure, beginning with the Johor Bahru-Singapore Rapid Transit System (RTS) Link.
Tien Wah Press Holdings Bhd, through its indirect 51%-owned subsidiary, has completed the RM34mil cash acquisition of five parcels of land and buildings in Malang, Indonesia, from PT Bentoel Prima.
ES Sunlogy Bhd has secured shareholders’ approval for a recurrent related-party transactions mandate to facilitate business dealings with Kerjaya Prospek Group Bhd, which acquired a 31% stake in the company for RM64.31mil earlier this year.
Pantech Global Bhd's net profit for the second quarter ended Aug 31, 2026 surged 89.5% to RM19.33mil, driven by higher sales volume, improved selling prices and a more favourable product mix, while revenue rose 36.9% to RM173.71mil.
Revenue IF Bhd has teamed up with China’s WeSure Digital Technology to expand cross-border payment services and develop insurance-related payment solutions across Malaysia, Singapore, Indonesia and Thailand.
Capitaland Malaysia Trust's (CLMT) net profit for the third quarter ended Sept 30, 2026 rose 35.5% to RM47.02mil, driven by higher rental income and contributions from newly acquired industrial and logistics assets, while revenue grew 9% to RM126.54mil.
Mudajaya Group Bhd's shareholders have been advised to approve the proposed RM118.45mil disposal of a 45% stake in Real Jade Ltd to major shareholder Minyi Holdings Ltd to settle outstanding debts, after an independent adviser deemed the deal fair and reasonable.
