KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
Sunway Construction Group Bhd
has secured an additional RM920.8mn MEP works contract from a US-headquartered multinational technology company for an ongoing data centre development in Johor, with completion targeted for 1QFY28.
Binastra Corporation Bhd has secured a RM303.8mn contract from PTT Synergy Group Bhdto build an automated warehouse facility in Bandar Bukit Raja, Klang, Selangor.
Velesto Energy Bhd has secured a contract from PETRONAS Carigali Sdn Bhd for its jack-up drilling rig Naga 3, covering one firm well and one optional well, with operations expected to begin in November.
Waja Konsortium Bhd has secured a RM190mn contract to construct an 824-unit serviced apartment and 24 affordable townhouses in Johor Bahru, with a 24-month completion period.
Kee Ming Group Bhd has secured a RM44.2mn subcontract to undertake electrical engineering works for a hyperscale data centre in Puncak Alam, Selangor.
Sapura Industrial Bhd has secured a contract worth approximately RM307mn over four and a half years to assemble front and rear axle systems for Chinese carmaker Chery, marking its first direct engagement with the automaker.
Jati Tinggi Group Bhd, via a 55%-owned JV, has secured a RM2.9mn contract from TNB to supply, install and commission a 150kW/430kWh Community Energy Storage System.
Pioneer Heat Holdings Bhd, via its wholly-owned subsidiary, has secured an RM18.2mn EPC contract from Toyo Kanetsu for tank rejuvenation works at Tanjung Sulong Export Terminal in Terengganu, with completion scheduled in July 2027 and March 2028.
RedPlanet Bhd, via its wholly-owned subsidiary, has secured a RM7.1mn purchase order to undertake SCADA and systems integration works for a 15MWac large-scale solar PV plant in Batu Sapi, Sabah, with a six-month execution period.
Ni Hsin Group Bhd has partnered with China's Horwin International to assemble two electric motorcycle models in Malaysia for exclusive distribution in Malaysia and Türkiye, with the first batch expected to roll out in early 2027.
Paramount Corporation Bhd has partnered with Japan's Mitsui Fudosan in a 51:49 JV to undertake the RM1.34bn The Ashbourne serviced apartment development, comprising 458 units with completion targeted by end-2030.
Ancom Nylex Bhd has scrapped its proposed RM77.0mn disposal of up to a 50% stake in Maxlive Sdn Bhd to Thailand's Topnext International Company Ltd after both parties failed to agree on certain terms of the final agreements.
Public Bank Bhd has established a RM20bn Islamic medium-term note programme to issue senior and subordinated sukuk, with preliminary ratings of AAA and AA1, respectively.
IOI Corporation Bhd is exploring the leasing of additional plantation land for solar developments, with at least two estates identified near major grid connection points to diversify its income streams beyond palm oil.
Ho Hup Construction Company Bhd has secured another six-month extension from Bursa Malaysia to submit its regularisation plan, pushing the deadline to April 16, 2027.
MyDCD Bhd's IPO has been oversubscribed by 36.46 times ahead of its ACE Market debut on 17 November 2026.
KEB Bhd's IPO has been fully subscribed ahead of its listing on the ACE Market of Bursa Malaysia on Nov 16.
