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PJBumi forms JV with Chinese firm for oilfield equipment production

PETALING JAYA: PJBumi Bhd's wholly-owned subsidiary, PJBumi Heavy Engineering & Services Sdn Bhd has entered into a joint venture (JV) with Chinese-based INTLEF Horizon Pressure Control (Jiangsu) Co Ltd to form a new company which is set to undertake new projects within Malaysia, Indonesia and any other country.

Rianlon’s RM1.27bil project boosts Johor’s high-value manufacturing push

JOHOR BAHRU: Rianlon Corporation's decision to establish a research and development (R&D) and manufacturing facility in Johor reflects strong and sustained investor confidence in the state as a regional hub for high-value and technology-driven investments.

Opensys wins RM22mil cash recycling machines supply contract

PETALING JAYA: Opensys (M) Bhd has received and accepted a purchase order (PO) from an existing customer, Reachful Malaysia Sdn Bhd, for the supply of new cash recycling machines (CRM) worth RM22.05mil.

Reservoir Link secures its first CCS solutions contract

PETALING JAYA: Reservoir Link Energy Bhd's 60% owned subsidiary, Reservoir Link SoluEons Sdn Bhd, has been awarded a contract by Hibiscus Oil & Gas Malaysia Ltd for the provision of PM3 CAA carbon capture and storage (CCS) project – third party subsurface review and technical assurance.

PETRONAS appoints Mohd Jukris as COO effective Feb 1, 2026

KUALA LUMPUR: Petroliam Nasional Bhd (PETRONAS) has appointed Mohd Jukris Abdul Wahab as chief operating officer (COO) with effect from Feb 1, 2026.

Malaysian economy to stay resilient in 2026 on FDI, robust infrastructure investment- HSBC 

KUALA LUMPUR: Malaysia's economy is expected to remain resilient this year, driven by the ongoing foreign direct investment (FDI) and robust infrastructure investment, said HSBC chief Asia economist Frederic Neumann.

Trading ideas: Binastra, Capital A, Allianz, MN, Vestland, Genting Plantations, YTL Cement, Pimpinan Ehsan, TH Plantations, Marine & General, FGV, SumiSaujana

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

Construction companies poised to sustain growth

PETALING JAYA: The construction sector is set to carry its momentum into 2026, underpinned by steady job flows and large-scale infrastructure and digital projects that are expected to keep order books expanding despite a shifting mix of awards.

Muhibbah’s latest buy to provide earnings support

PETALING JAYA: Engineering and construction group Muhibbah Engineering (M) Bhd is expected to see near-term earnings support from its latest acquisition, although analysts remain cautious pending the consolidation of the exercise.

Are shareholders being heard at AGMs?

NOW that the 2025 AGM season is behind us, a clear pattern has emerged: no two meetings felt the same, even though they all followed the same script.