KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
SLGC Bhd has secured an engineering, procurement and construction contract from ALH Construction Sdn Bhd worth RM50.2mn.
Taghill Holdings Bhd
’s wholly-owned subsidiary, Taghill Projects Sdn Bhd, has secured a RM166.0mn contract from Exsim Waterfront Sdn Bhd for the construction of a commercial development in George Town, Penang.
RT Pastry Holdings Bhd is proposing to acquire two industrial land parcels in Seri Kembangan, Selangor, from Koh Lean Chong & Sons (M) Sdn Bhd for RM22.0mn.
Rohas Tecnic Bhd has entered into a conditional share sale agreement to acquire a 51.0% stake in Centrix Engineering (M) Sdn Bhd from Chin Kok You for up to RM14.3mn in cash.
SD Guthrie Bhd has signed a joint venture with Bumi Assets Sdn Bhd and YTL Power International Bhd to develop 657.1ha of freehold land in Bukit Kerayong, Selangor, into an integrated industrial development.
TSH Resources Bhd said its review of records to date has not identified any business relationship with any of the 10 companies named by Singapore's National Environment Agency regarding forest and peatland fires in Indonesia.
Heitech Padu Bhd has clarified that the Teaming Agreement it entered into with Zetrix AI Bhd on April 16, 2024, was an interim collaboration to explore potential opportunities to provide information technology services in Malaysia.
OpenMove AI Bhd, formerly known as Rexit Bhd, has entered into a MoU with Australia's Quintessence Labs Pty Ltd to explore opportunities in quantum-safe cybersecurity solutions.
JF Technology Bhd has proposed issuing up to 388.0mn free warrants to existing shareholders, giving them the option to buy more shares in the semiconductor test equipment maker over the next five years.
Big Caring Group Bhd is looking to raise RM2.0bn in Malaysia's second-largest listing this year. The initial public offering is priced at RM1.08 per share, which will give Big Caring a market capitalisation of RM8.0bn upon listing and values the company at about 42.0 times its trailing earnings.
Axis Real Estate Investment Trust posted a higher net profit of RM54.8mn for 3QFY26 ended Sept 30, 2026, compared to RM52.1mn in the same period last year.
British American Tobacco (Malaysia) Bhd’s net profit dropped 66.5% to RM2.4mn for 3QFY26 from RM7.0mn a year earlier amid higher restructuring expenses.
MI Technovation Bhd posted record earnings of RM66.8mn in 3QFY26 driven by higher sales volume, improved average selling prices and optimised product mix.
Chin Teck Plantations Bhd reported a 68.6% drop in net profit to RM36.6mn, dragged down by lower palm product sales and the absence of a sizeable land disposal gain recorded by its associate a year earlier.
