The joint venture between Ann Joo Resources Bhd (KL:ANNJOO) and Transyear Sdn Bhd has secured a deal to sell a 60.1-acre industrial land in Gurun, Kedah, for RM117.81 million cash.
Knusford Bhd (KL:KNUSFOR) is disposing of a 0.304-hectare freehold land in Setapak, Kuala Lumpur, for RM7 million cash in a related-party transaction.
Rivertree STF Synergies Bhd (KL:RSSB), formerly known as Sinmah Capital Bhd, has entered into a heads of agreement (HOA) to collaborate on the design, construction and operation of up to four centralised labour quarters (CLQs) in the Klang Valley, with a total indicative value of RM600 million.
Chin Hin Group Bhd's (KL:CHINHIN) net profit rose 5.37% to RM37.99 million in the fourth quarter from RM36.05 million a year earlier, supported by a turnaround in its property development division.
LBS Bina Group Bhd (KL:LBS) said it recorded normalised profit after tax from continuing operations of RM44.73 million in the fourth quarter ended Dec 31, 2025 (4QFY2025) against a loss after tax of RM3.37 million in 4QFY2024, lifted by stronger contribution from its property development segment.
The retirement fund said it acquired 4.07 million IJM shares in three tranches on Feb 3, raising its total shareholding to 714.91 million shares.
Berjaya Corp Bhd (KL:BJCORP) has announced the redesignation of its joint chief executive officer (CEO) Nerine Tan Sheik Ping, to CEO, effective immediately.
IJM is a takeover target of Sunway, which made an offer of 31.5 sen cash per IJM share plus 0.501 new Sunway shares which it will issue at RM5.65 apiece.
MTAG Group Bhd (KL:MTAG) has proposed to acquire a parcel of 7.54-hectare vacant land in Johor Bahru for RM53.58 million in cash, to boost its manufacturing capabilities and production capacity.
Econpile Holdings Bhd (KL:ECONPILE) has bagged a RM24 million sub-contract job for piling and sub-structure works from Al-Ambia Sdn Bhd.
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