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Trading ideas: Chin Hin, Sime Property, Catcha, Aemulus, Bursa, Malakoff, JS Solar, Cuckoo, Keyfield, I-Bhd, MNRB, Swift, JPG, N2N

The Star·08/14/2025 23:54:00
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KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.

Chin Hin Group Property Bhd is disposing of its entire equity interest in four subsidiaries involved in the commercial vehicles and bodyworks segment to N&K Resources (M) Sdn Bhd for RM74mn.

Sime Darby Property Bhd is in talks with banks for a loan of up to RM3bn (US$714mn) to fund the construction of a data centre to be leased to Google, according to sources.

Catcha Digital Bhd will acquire a 60% stake in One International Exhibition Sdn Bhd for RM11.4mn cash via its wholly owned unit Catcha Connect Sdn Bhd.

Aemulus Holdings Bhd will acquire the camera sensor testing business of China-based Revotronix group for RMB32.46mn (RM19.1mn).

Bursa Malaysia Bhd has appointed Datuk Mohamed Rafique Merican as independent non-executive director effective Aug 15, 2025.

Malakoff Corp Bhd has appointed Syahrunizam Samsudin as group CEO effective Sept 1, succeeding Anwar Syahrin Abdul Ajib, who is stepping down after nearly five years as MD and group CEO.

JS Solar Holding Bhd has signed an agreement with TA Securities Holdings Bhd to underwrite 35.75mn shares for its ACE Market listing targeted for 3Q2025.

Cuckoo International (Mal) Bhd posted a 1.8% QoQ decline in 2QFY2025 net profit to RM27.4mn, mainly due to listing expenses of RM4.7mn and higher net impairment losses on financial instruments.

Keyfield International Bhd posted a net profit of RM66.4mn in 2QFY25, down 5.2% YoY from RM70.0mn, mainly due to fewer chartered days for both own and third-party vessels.

I-Bhd more than doubled its 2QFY2025 net profit to RM11.5mn (+110% YoY) on stronger contributions from leisure and hospitality, property development, and property investment.

MNRB Holdings Bhd posted a record-high 1QFY2026 net profit of RM168.4mn (+82.7% YoY), driven by strong insurance/takaful revenue growth and favourable claims experience.

Swift Haulage Bhd posted a 19% YoY drop in 2QFY2025 net profit to RM6.8mn, weighed down by higher expenses despite stronger revenue.

Johor Plantations Group Bhd posted a 51% YoY rise in 2QFY2025 net profit to RM75.2mn on higher CPO and PK delivery volumes and stronger OCP purchases.

N2N Connect Bhd posted a 41% YoY increase in 2QFY2025 net profit to RM3.2mn, boosted by lower operating expenses and higher associate contributions.