KUALA LUMPUR 8 April 2026 (The Capital Post) – Several Bursa Malaysia-listed companies made headlines with notable corporate developments, ranging from contract wins and strategic expansions to share restructuring and IPO activities.
Telekom Malaysia Bhd announced that U Mobile Sdn Bhd is finalising implementation details for their earlier 5G access agreement, signalling progress in Malaysia’s evolving 5G ecosystem.
AWC Bhd secured a RM22.2 million contract involving plumbing and sanitary works for a data centre project, strengthening its position in infrastructure-related services.
Meanwhile, Cahya Mata Sarawak Bhd is facing internal corporate developments after its deputy chairman initiated legal action over alleged exclusion from board meetings.
DRB-Hicom Bhd will pay an additional US$0.6 million for its acquisition of Spirit AeroSystems’ Malaysian operations, bringing the total purchase value to US$111.2 million.
Joe Holding Bhd has proposed diversifying into trading and food and beverage businesses as part of efforts to improve its financial performance.
In the energy and technology space, Meta Bright Group Bhd secured RM8.5 million in banking facilities to support the expansion of its electric vehicle charging infrastructure.
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Pharmaniaga Bhd proposed a share consolidation exercise to streamline its capital structure following its exit from PN17 status, while Sersol Bhd landed a RM15.6 million contract to supply hardware and software services.
Sinaran Advance Group Bhd plans a capital reduction exercise to offset accumulated losses, while Uzma Bhd secured a RM60 million contract for well intervention and project management services.
In corporate shareholding movements, K Seng Seng Corporation Bhd saw the emergence of a new substantial shareholder with a 30.1% stake, while Maxim Global Bhd recorded the exit of a major shareholder.
On the IPO front, 5E Resources Holdings Bhd and Empire Premium Food Bhd reported strong oversubscription rates for their public offerings, reflecting healthy investor appetite.
Additionally, MTT Shipping and Logistics Bhd has fixed its IPO price at RM1.03 per share, while AEON Credit Service (M) Bhd posted a 10.2% year-on-year increase in quarterly net profit, driven by stronger loan growth and improved asset quality.
The series of developments highlights ongoing corporate activity across multiple sectors, with companies pursuing expansion, restructuring and capital market initiatives amid a dynamic economic environment. -The Capital Post