Trading ideas: SD Guthrie, AMMB, CelcomDigi, KTI, MBSB, E&O, Parkson, Titijaya, EcoWorld, PetChem, Solarvest, Express Powerr, Paramount, TSH, Dialog, CMS, Apex Healthcare

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

SD Guthrie Bhd and Gamuda Bhd have signed an agreement to develop solar energy assets targeting up to 1.2 gigawatt of accumulated capacity.

AMMB Holdings Bhd is targeting loan growth of 4.0% for FY26, in line with the industry’s pace, supported by the bank’s business and wholesale banking divisions.

CelcomDigi Bhd’s CEO Datuk Idham Nawawi will step down at the end of this month after three years at the helm of Malaysia’s largest telecommunications company.

KTI Landmark Bhd has entered into a development agreement with the Sabah state government to develop a cultural complex with facilities, amenities and related infrastructure on a public-private partnership basis via a land swap initiative worth RM107mn.

MBSB Bank Bhd has secured its position as Cypark Resources Bhd's principal banking partner after formalising Islamic financing facilities worth RM1.3bn with the renewable energy and environmental solutions provider.

Eastern & Oriental Bhd’s UK unit Hammersmith Properties Ltd plans to dispose of two freehold land parcels in Hammersmith, London, to Varsity Capital 1 Propco Ltd for £75.0mn (RM427.8mn).

Parkson Holdings Bhd said its 55.0%-owned Hong Kong-listed subsidiary Parkson Retail Group Ltd has inked a 20-year agreement to lease 4,801 sq m of commercial space in Mianyang City in China’s Sichuan province.

Titijaya Land Bhd’s unit, Titijaya Development (Pulau Pinang) Sdn Bhd, has partnered with Mines Heights Development Sdn Bhd to develop a mixed-use, transit-oriented project in Taman Connaught, Cheras that has a projected gross development value of RM554.3mn.

Eco World Development Group Bhd’s wholly-owned unit, Eco World Perpetual Capital Bhd, has established a rated Perpetual Sukuk Wakalah Programme with a nominal value of RM2bn.

Petronas Chemicals Group Bhd’s share price climbed to a six-month high of RM4.18 as the Employees Provident Fund purchased 5.1mn shares in multiple transactions over the past week that raised its stake to 11.8%.

Urusharta Jamaah Sdn Bhd, a special purpose vehicle under Minister of Finance Inc, has emerged as a substantial shareholder in Solarvest Holdings Bhd with 5.1% interest.

Generator rental services provider Express Powerr Solutions (M) Bhd, en route to be listed on the ACE Market of Bursa Malaysia on Sept 24, 2025, is expected to raise RM36mn through its IPO.

Paramount Corp Bhd’s net profit for 2QFY25 dropped to RM21.8mn from RM24.2mn in 2QFY24, though revenue remained largely flat at RM232.5mn versus RM232.9mn previously.

TSH Resources Bhd reported a higher net profit of RM49.2mn for 2QFY25, up from RM20.6mn in the same period last year, supported by improved productivity and higher palm product prices.

Dialog Group Bhd posted a net profit of RM147mn in 4QFY25, up 6.5% from RM138mn a year earlier, supported by lower operating expenses and higher contributions from joint ventures and associates.

Cahya Mata Sarawak Bhd slipped into the red in 2QFY25 with a net loss of RM11.3mn, compared with a net profit of RM33.4mn in 2QFY24, due to foreign exchange losses

Apex Healthcare Bhd’s net profit for 2QFY25 fell 20.4% YoY to RM18.8mn from RM23.6mn in 2QFY24, dragged down by losses from its 40%-owned associate Straits Apex Group Sdn Bhd.