KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
Berjaya Construction will undertake the design-and-build contract for the RM1.2bn Sanglang Port Development Project in Perlis, including RM675mn of initial construction works.
T7 Global
’s subsidiary, Tanjung Offshore Services, secured a contract from Searah Malaysia to provide hook-up and commissioning services across Peninsular Malaysia.
Oriental Interest has terminated its proposed RM280mn acquisition of Chin Hin (Jitra) and CHJ Motor Holdings after mutually agreeing with the vendor to rescind the deal.
Titijaya Land is disposing of its Bayan Lepas logistics hub to Pelaburan Hartanah for RM300mn, generating an estimated RM143mn gain above book value.
Maxis and U Mobile shareholders are reportedly reviving merger discussions, with U Mobile seeking a valuation above RM10bn in a deal creating Malaysia’s largest telecom operator.
Kanger International faces trading suspension from Nov 10 after Bursa Malaysia rejected its extension request for delayed audited interim financial statements.
Asian Pac Holdings
plans a RM281.3mn retail and lifestyle development in KotaSAS, Kuantan, with potential GDV of RM2bn, supporting ECRL-linked transit-oriented development.
Alpha IVF Group invested RM11.7mn to open Northern Luzon’s first full-fledged IVF centre, expanding Philippine operations and serving a population of about 23.2mn.
Matang will review the suspension of its CFO and acting COO by Nov 9 while conducting an internal investigation into governance, operational and administrative matters.
Bursa Malaysia’s 3QFY26 net profit rose 10% to RM70.2mn and revenue increased 20.3%, supported by stronger trading activity and fundraising momentum.
Pantech Group’s 2QFY27 net profit climbed 33% to RM19.4mn as stronger manufacturing division performance lifted revenue to RM281.5mn and improved margins.
CIMB Niaga, CIMB Group
’s Indonesian subsidiary, recorded a 14.7% decline to 4.5tn rupiah in nine-month net profit due to narrower lending margins and higher credit-loss provisions.
CTOS Digital posted higher 3QFY26 earnings and revenue, driven by continued growth across both Malaysian and international operations.
Jati Tinggi Group more than doubled quarterly earnings as revenue nearly tripled, supported by stronger power infrastructure and data-centre-related underground cable projects.
