Trading ideas: Chin Hin, Citaglobal, ES Sunlogy, Malton, MCE, Orkim, Pan Merchant, Perdana, Ramssol, RHB, Vantris, Willowglen, BCorp, Dnex, PPB, SRKK

Trading ideas: Chin Hin, Citaglobal, ES Sunlogy, Malton, MCE, Orkim, Pan Merchant, Perdana, Ramssol, RHB, Vantris, Willowglen, BCorp, Dnex, PPB, SRKK

The Star Online - Business·2026-06-04 11:00

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

Chin Hin Group Property Bhd

’s wholly owned subsidiary, Chin Hin (Tebrau) Sdn Bhd, has entered into a sale and purchase agreement with Simm Ventures Sdn Bhd to acquire an industrial property in Kota Damansara for RM92.5mn cash.

Citaglobal Bhd

has secured a RM37.8mn subcontract from SRS Consortium Sdn Bhd for construction works under the Penang LRT Mutiara Line project.

ES Sunlogy Bhd’s wholly owned subsidiary, Savelite Engineering Sdn Bhd, has secured a RM12.7mn contract from Tenaga Nasional Bhd

to develop a temporary power substation facility in Lembah Beringin, Selangor.

Malton Bhd

’s wholly owned subsidiary, Bukit Rimau Development Sdn Bhd, has entered into a conditional sale and purchase agreement with Tanjung Nakhoda (M) Sdn Bhd to acquire a 3.72-acre freehold development site in Johor Bahru for RM97.2mn.

MCE Holdings Bhd

’s indirect 51%-owned subsidiary, Eagle MCE Technologies (Malaysia) Sdn Bhd, has entered into a sale and purchase agreement to acquire a freehold industrial property in Pontian, Johor, for RM10.0mn.

Orkim Bhd

’s wholly owned subsidiary, Orkim Marine Sdn Bhd, has secured a renewal of its contract of affreightment with Petron Malaysia Refining & Marketing Bhd

for the transportation of clean petroleum products along the Malaysia-Singapore route.

Pan Merchant Bhd

’s wholly owned subsidiary, PMI-Technology Sdn Bhd, has secured a RM26.5mn contract for the Sungai Rasau Water Supply Scheme in Selangor.

Pekat Group Bhd

said its large-scale solar project in Kulai, Johor, has been expanded to 135MWac from 63MWac following the award of additional works worth RM100.9mn.

Perdana Petroleum Bhd

said it will invest US$33.9mn to construct two new 60-tonne bollard pull anchor-handling tug and supply vessels under its fleet rejuvenation programme.

Ramssol Group Bhd

’s indirect wholly owned subsidiary, Rams Fintech Sdn Bhd, will acquire a 60.0% stake in INNIO Holding Sdn Bhd and a 49.0% stake in Agensi Pekerjaan INNIO Sdn Bhd for RM14.4mn.

RGB International Bhd

said it has secured a vendor licence in the UAE, enabling the group to sell electronic gaming machines in the country.

Vantris Energy Bhd said its FY26 financial statements have received an unqualified audit opinion from Ernst & Young PLT, marking its first clean audit outcome in four years.

Willowglen MSC Bhd’s wholly owned subsidiary, Willowglen Services Pte Ltd, has secured two contracts in Singapore worth a combined RM46.6mn.

Berjaya Corporation Bhd said Tan Sri Vincent Tan Chee Yioun has reduced his stake in the group to 15.1%, after disposing of 461.7mn shares via direct business transactions for approximately RM115.0mn.

Dagang Nexchange Bhd said group COO and group CFO Vinie Chong Pui Ling has been appointed interim officer-in-charge following the resignation of group CEO Faizal Sham Abu Mansor, who is stepping down to pursue personal interests.

PPB Group Bhd has redesignated Datuk Kuok Meng Xiong as group managing director effective Sept 1, succeeding Lim Soon Huat, who will retire after 14 years in the role and assume an advisory position.

SRKK AI Bhd said it has entered into an underwriting agreement with TA Securities Holdings Bhd in conjunction with its proposed ACE Market listing in 3Q26. 

……

Read full article on The Star Online - Business

Entertainment Malaysia