TWPH acquires Indonesian land for RM34mil
Tien Wah Press Holdings Bhd (TWPH), through its indirect 51%-owned subsidiary PT Bintang Pesona Jagat, has completed the acquisition of five parcels of land measuring approximately 23,393 sq m in total, together with the buildings erected on them, in Malang, Indonesia, for 150 billion rupiah (RM34mil), cash.
Irda appoints Ashari Kasnan as new CEO
The Iskandar Regional Development Authority (Irda) has appointed Datuk Ashari Kasnan as its new chief executive (CEO), effective Nov 1, 2026. He succeeds Datuk Mohd Noorazam Osman, who has held the position since Jan 1, 2025.
Encorp unit bags RM17mil Felda contract
Encorp Bhd's wholly-owned subsidiary, Encorp Construction & Engineering Sdn Bhd, has accepted a letter of acceptance worth RM16.96mil to build staff housing for its major shareholder, the Federal Land Development Authority (Felda).
AME-REIT NPI rises to RM16mil
AME real estate investment trust (AME-REIT) has registered an 11.5% increase in net property income (NPI) to RM16mil for the second quarter ended Sept 30, 2026 from RM14.4mil in the previous corresponding quarter.
CLMT quarterly revenue rises 9% to RM126.54mil
Capitaland Malaysia Trust (CLMT) will continue to pursue "yield-accretive acquisitions" and optimise its existing portfolio to support income growth and deliver sustainable returns to unitholders.
ES Sunlogy shareholders say ok to RPT plan
ES Sunlogy Bhd has secured shareholders' approval for a recurrent related-party transaction or RPT mandate, paving the way for closer collaboration with its strategic shareholder, Kerjaya Prospek Group Bhd.
Mudajaya shareholders should back sale
Mudajaya Group Bhd's shareholders have been advised to vote in favour of the proposed disposal of a 45% stake in Real Jade Ltd to major shareholder Minyi Holdings Ltd (MHL) for HK$234mil (RM118.45mil) to settle debts owed to MHL.
SkyeChip in SAIMEMORY AI partnership
SkyeChip Bhd has entered into a design and engineering partnership with Japan-based SAIMEMORY Corp to support the development of next-generation memory technology for artificial intelligence (AI).
Revenue IF, WeSure in regional tie-up
Revenue IF Bhd has entered into a strategic cooperation framework agreement with China's Zhuhai Hengqin WeSure Digital Technology Co Ltd to establish a strategic cooperation in cross-border payments, aggregated payment solutions for the insurance industry and the joint development of insurance-related business in Malaysia, Singapore, Indonesia and Thailand.
Pantech 2Q bottom line nearly doubles
Pantech Global Bhd's net profit for its second quarter ended Aug 31, 2026 rose to RM19.33mil from RM10.20mil in the previous corresponding quarter, while revenue improved to RM173.71mil from RM126.90mil a year earlier.
