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.
Positive response to IPO of One Gasmaster
One Gasmaster Holdings Bhd's initial public offering (IPO) has been oversubscribed by 25.24 times, ahead of its listing on the ACE Market of Bursa Malaysia.
Dayang unit inks RM118mil vessel deal
Dayang Enterprise Holdings Bhd's wholly-owned subsidiary, DESB Marine Services Sdn Bhd (DMSSB), has entered into a marine vessel construction and purchase contract valued at RM117.7mil.
Ancom Nylex reports better 2Q net profit
Ancom Nylex Bhd's net profit for its second quarter ended Nov 30, 2025, rose to RM18.03mil from RM15.16mil in the previous corresponding period, while revenue dipped to RM428.82mil from RM450.71mil previously.
AAX transforms into major regional airline
AirAsia X Bhd's (AAX) acquisition of Capital A Bhd's aviation business has transformed AAX from a niche medium to long-haul operator into one of South-East Asia's largest airline groups, with shareholdings in seven airlines across five countries and a combined fleet of 250 aircraft.
