Corporate Updates - Bursa Malaysia

2026-07-31
Category: Corporate Updates
Frequency: Daily

Daily compilation of corporate updates and activities on Bursa Malaysia listed companies.

Explanation of the corporate events: User Manual

Date Company Event Details Sector Event Summary
31 Jul, 2026 ITMAX System Bhd ITMAX System Berhad secured a RM120 million, six-year contract from Kuala Lumpur City Hall for the supply, installation and maintenance of a smart street-lighting system in Kuala Lumpur. Work will begin only after conditions including a RM1 million performance bond and required insurance documentation are fulfilled, while the commencement and completion dates will be determined by the city authority. Digital Services Contract Awarded
31 Jul, 2026 Sarawak Consolidated Industries Bhd Sarawak Consolidated Industries Berhad’s wholly owned subsidiary, SCIB Industrialised Building System Sdn Bhd, secured an RM11.90 million subcontract from Demi Cerah Construction Sdn Bhd to upgrade the air-conditioning system at Universiti Malaysia Sabah’s Faculty of Engineering building. The 11-month contract runs from August 1, 2026 to July 3, 2027 and covers the supply of materials, machinery, equipment and labour, subject to Universiti Malaysia Sabah’s consent to the subcontracting arrangement. Construction Contract Awarded
31 Jul, 2026 Oxford Innotech Bhd Oxford Innotech Berhad’s wholly owned subsidiary, CG Solutions Enterprise Sdn Bhd, secured three purchase orders worth RM8.8 million from a United States-based mass flow controller manufacturer with operations in Malaysia to supply precision-engineered semiconductor components. Fulfilment has commenced, with earnings contribution expected over the next 12 months; the group is also expanding its Penang Science Park manufacturing space by 50.2% to 202,696 sq ft by the second half of 2027. Industrial Materials, Components & Equipment Contract Awarded
31 Jul, 2026 GIIB Holdings Bhd GIIB Holdings Berhad entered into a collaboration with Zhisheng Rubber Technology Sdn Bhd to manufacture masterbatch and rubber compounds at GIIB Rubber Compound Sdn Bhd’s facility in Nilai, Negeri Sembilan, for up to 10 years. Zhisheng will install high-efficiency rubber mixing machinery at its own cost, increasing annual production capacity from 10,000 tonnes to 30,000 tonnes while requiring minimal capital expenditure from GIIB. Auto Parts Operation Updates
31 Jul, 2026 MISC Bhd MISC Bhd secured a time-charter contract to transport liquefied natural gas for Malaysia LNG Sdn Bhd from PETRONAS' Bintulu complex in Sarawak to Sendai City, Japan. The firm charter runs for 10 years from 2028, while the contract value and other commercial terms were not disclosed. Transportation & Logistics Services Contract Awarded
31 Jul, 2026 MISC Bhd MISC Bhd commissioned Hudong-Zhonghua Shipbuilding (Group) Co Ltd to build a new LNG carrier for its 10-year Malaysia LNG charter commencing in 2028. The vessel is stated to have capacity of up to 18,700 cubic metres and is intended to support fleet rejuvenation through improved fuel efficiency and lower emissions intensity; the shipbuilding contract value and delivery terms were not disclosed. Transportation & Logistics Services Expansion Plan
31 Jul, 2026 WCT Holdings Bhd WCT Holdings Berhad will acquire the Employees Provident Fund's remaining 30% stake in Jelas Puri Sdn Bhd for RM140 million cash through WCT Land Sdn Bhd, increasing its ownership from 70% to 100%. Jelas Puri developed the Paradigm Petaling Jaya integrated development and currently owns Le Méridien Petaling Jaya and 230 million units in Paradigm REIT; completion is expected by early August, subject to trustee consent under its RM500 million bond programme. Construction Merger & Acquisition
31 Jul, 2026 Pengurusan Aset Air Bhd Pengurusan Aset Air Berhad raised RM720 million through blue sukuk under its RM2 billion Islamic commercial papers programme to finance water infrastructure across Melaka, Kelantan, Penang, Kedah, Johor and Negeri Sembilan. Proceeds are earmarked for new water treatment plants, balancing reservoirs, pipelines, pipeline upgrades and non-revenue-water reduction projects, including the Sultan Iskandar Water Supply Scheme and upgrades in Seremban; investor orders reached 1.54 times the initial RM500 million issue size. Gas, Water & Multi-Utilities Fund Raising
31 Jul, 2026 Genting Plantations Bhd Genting Plantations Berhad raised RM200 million through an unrated five-year sukuk murabahah issued by its wholly owned subsidiary Bina Restu Bhd under a RM2 billion programme. The proceeds will be advanced through Shariah-compliant intercompany financing to fund or reimburse costs related to property development projects. Plantation Fund Raising
30 Jul, 2026 Panasonic Manufacturing Malaysia Bhd Panasonic Holdings Corporation will end television and Blu-ray player production in Malaysia by September 2026, close the affected plant by March 2027 and eliminate approximately 400 jobs while continuing local sales. Audio production will move to another Panasonic company in Malaysia by February 2027, other products will transfer to different facilities, and television manufacturing is expected to shift to external contractors as cheaper Chinese products intensify competitive pressure.' Household Goods Downsizing