KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
SKA Capital Bhd secured six TNB contracts worth RM89.3mn through SKA Rekabina, covering underground cables and substations in Pahang, Terengganu and Selangor.
Bintai Kinden Corporation Bhd
secured a RM20.3mn TNB transformer extension contract in Pahang, due within 540 days, lifting its outstanding order book to RM183.8mn.
Infomina Bhd secured a RM32.1mn Home Ministry contract for National Registration Department core systems maintenance and support, running November 2026–October 2028.
AME Elite Consortium Bhd secured a RM120.0mn contract for BAC’s 30,000sqm manufacturing and testing facility in Nilai, scheduled for completion within 14 months.
Matrix Concepts Holdings Bhd is acquiring 57 adjoining or adjacent agricultural land parcels totalling 174.8ha in Kulai, Johor, for RM169.3mn through its subsidiary.
BMS Holdings Bhd formed a northern Peninsular Malaysia tiles and fittings joint venture, holding 60.0%, and the partners contribute RM5.0mn, consisting RM3.0mn cash and RM2.0mn inventory.
Paragon Globe Bhd secured shareholder approval to sell 65 acres in Iskandar Puteri to DayOne’s unit for RM398.1mn, anticipating RM187.4mn net pro forma gain.
Tenaga Nasional Bhd issued RM4.8bn Sustainability Sukuk Wakalah across six tranches with seven–25-year tenures, its second issuance under a programme capped at RM10.0bn.
Zetrix AI Bhd faces government legal action, including a civil suit, over RM314.0mn in unremitted Road Transport Department collections, deemed a serious contractual breach.
YNH Property Bhd said subsidiary YNH Construction settled outstanding tax liabilities with LHDN, which confirmed withdrawal of its winding-up petition in an October 23 letter.
Betamek Bhd extended its subsidiary’s highest-tier SCL Level 5 certification through 2028 following MARii reassessment, confirming continued alignment with international operational and manufacturing standards.
Ni Hsin Group Bhd proposed up to 312.7mn five-year bonus warrants, one per two shares, potentially raising RM112.6mn for working capital and electric vehicle expansion.
HB Global Ltd expects to miss its October 30 annual report deadline after auditor withdrawal and rejection of its year-end change, risking November 10 suspension.
Dataprep Holdings Bhd announced executive chairman Dr Wan Ahmad Rudirman Wan Razak’s immediate resignation for personal reasons.
Public Bank Bhd’s LPI Capital Bhd reported 3QFY26 net profit down 15.7% to RM96.8mn on weaker investments and fair value losses although revenue rose to RM555.5mn from 549.3mn a year ago.
Eco-Shop Marketing Bhd reported 1QFY27 net profit growth of 7.5% to RM63.2mn and revenue growth of 16.0% to RM793.7mn, supported by expansion and customer transactions.
