Trading ideas: IOI, AGX, Binastra, Sasbadi, Techbond, PJBumi, NexG, UUE, Feytech, Velocity, Westports, Orkim, Polymer

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

IOI Corp Bhd is exploring LSS solar projects of up to 300MW capacity, identifying several Johor estates with high solar exposure near substations for potential rollout.

AGX Group Bhd’s unit AGX Logistics Vietnam has signed a two-year agreement with VietJet to provide freight forwarding and customs brokerage services from 1 Nov 2025 to 31 Oct 2027.

Binastra Corp Bhd secured a RM188.5mn contract for mechanical and electrical fit-out works at a data centre in Cyberjaya, including a guard house and refuse room, with completion expected within 4 months from site possession.

Sasbadi Holdings Bhd has secured an 18-month RM0.43mn contract from the Ministry of Education to supply and deliver interactive digital storybooks for preschool use from 3 Nov 2025 to 2 May 2027.

Techbond Group Bhd is acquiring three industrial plots in Eco Business Park 7, Negeri Sembilan, for RM27.8mn. The parcels may initially serve as an investment but offer optionality for future operations.

PJBumi Bhd said it is not aware of any undisclosed developments that could have triggered the recent UMA in its shares, after the stock slumped 29.8% to RM1.77 on heavy volume.

NexG Bhd received a UMA query after its shares slid to a 6-month low amid heavy volume. The group has yet to respond to Bursa Securities’ request for clarification.

UUE Holdings Bhd said wholly owned Konnection Engineering Pte Ltd has secured a S$20.9mn (RM67.3mn) contract in Singapore from Wee Guan Construction Pte Ltd — its largest Singapore order to date.

Feytech Holdings Bhd said its unit Feytech Sdn Bhd has signed an MoU with South Korea’s DAS Corp to collaborate on Hyundai’s Staria project in Malaysia.

Velocity Capital Partner Bhd announced the resignation of chairman Azman Mat Ali and independent director Datuk Chong Mun Phing to “pursue other interests”, and appointed Fong Chuk Kuen and Tan Cheng Shiz as new independent directors.

Westports Holdings Bhd posted a 16.0% YoY rise in 3Q25 net profit to RM271.1mn on higher container revenue and margin uplift, while revenue climbed 31.0% YoY to RM752.0mn. No dividend was declared.

Orkim Bhd has signed a retail underwriting agreement with CIMB, RHB and Affin Hwang for its upcoming Main Market IPO targeted before end-2025. The IPO will comprise 400mn shares: 300mn existing (offer for sale) and 100mn new (public issue).

Polymer Link Holdings Bhd plans to raise RM24.3mn from its ACE Market IPO via the issuance of 97.15mn new shares at 25 sen each, mainly to fund the expansion of its Australian operations.