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High court approves Capital A's capital reduction, working towards PN17 status uplift

KUALA LUMPUR: Capital A Bhd has received the High Court of Malaya's approval on capital reduction of RM5.51 billion, marking the completion of all major steps required under Capital A's regularisation plan.

Steel Hawk unit secures contract for fire rated doors in Sabah

KUALA LUMPUR: Steel Hawk Bhd's wholly-owned subsidiary Steel Hawk Engineering Sdn Bhd has secured a subcontract from Eternity Mode Sdn Bhd for the procurement, construction and commissioning of fire rated doors in Sabah.

Binastra unit accepts RM742.86mil building contract in Johor

KUALA LUMPUR: Binastra Corp Bhd said its wholly-owned subsidiary Binastra Builders Sdn Bhd has accepted a contract from Maxim Pelangi Sdn Bhd for main building works of a 72-storey serviced apartment in Plentong, Johor.

MMC Ports targets digital consolidation and operational resilience in pivotal 2026

KUALA LUMPUR: MMC Ports Holdings Bhd, Malaysia's largest port operator and manager of key transshipment hubs, will focus on executing targeted infrastructure upgrades and equipment enhancement programmes in 2026.

Trading ideas: IJM, Dayang, Mitrajaya, KKB, Greentronics, LFE, Swift, ICT Zone, PJBumi, Reservoir Link, MyTech, Reneuco. One Gasmaster, ISF, Ancom Nylex

KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.

ICT Zone wins RM17.3mil tech contract

ICT Zone Asia Bhd's wholly-owned subsidiary, ICT Zone Ventures Bhd, has received a purchase order of RM17.29mil, for the leasing of information and communication technology hardware and software.

ISF Group IPO oversubscribed by over 31 times

ISF Group Bhd's initial public offering (IPO) on the ACE Market of Bursa Malaysia has drawn strong investor demand, with the public portion oversubscribed by more than 31 times.

MyTech takeover bid turns unconditional 

MyTech Group Bhd has confirmed that Tan Sri Cheng Joo Teik and parties acting in concert (PAC) now hold more than 50% of the voting shares in the group.

Swift Energy unit bags contracts worth RM18mil

Swift Energy Technology Bhd has secured multiple purchase orders with a combined value of about RM18mil, strengthening its order book and earnings visibility for its financial year ending Sept 30.

PJBumi buys drilling rigs for RM162mil

PJBumi Bhd has acquired five sets of drilling rigs from China-based Gaoyou Hao Xiang Petroleum Machinery Co Ltd for RM161.64mil.