Trading ideas: Sunway, IJM, Capital A, Southern Score, EG, DKSH, Poh Kong, Citaglobal, Hartanah Kenyalang, Sin-Kung, YBS, YNHP, Sentral REIT

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

Sunway Bhd’s healthcare unit, Sunway Healthcare Holdings Bhd, has been granted approval to list on Bursa Malaysia with a reduced public float of 18%, below the standard 25% requirement.

The Employees Provident Fund has nibbled more shares in IJM Corporation Bhd, raising its stake in the construction firm to over 20% following an RM11.0bn takeover offer from Sunway Bhd.

Capital A Bhd has officially completed its Practice Note 17 regularisation plan, following the lodgement of the sealed High Court order confirming a RM5.5bn capital reduction with the Registrar of Companies.

Southern Score Builders Bhd said its bid to take over LEAP Market-listed Nova Pharma Solutions Berhad has crossed the crucial 90% threshold.

EG Industries Bhd’s wholly-owned subsidiary, SMT Industries Co., Ltd., has proposed to acquire a piece of freehold industrial land in Prachinburi, Thailand, for RM6.1mn to build a single-storey manufacturing facility.

DKSH Holdings (Malaysia) Bhd has until 30 January 2026 to respond to its major shareholder’s bid to take the group private, as a key minority shareholder opposes the offer.

Poh Kong Holdings Bhd expects its FY26 earnings to outperform the previous year, underpinned by sustained high gold prices and strong demand for gold investment products.

Citaglobal Bhd has secured a contract worth up to RM48.5mn to provide Wi-Fi network facility services at public higher education institutions.

Hartanah Kenyalang Bhd has bagged a RM184.3mn contract to undertake the upgrading and repair works for the Sarawak stadium.

Sin-Kung Logistics Bhd has initiated arbitration proceedings against Teleport Everywhere Pte Ltd, the logistics arm of Capital A Bhd, over a dispute relating to trucking services for Capital A's cargo operations.

YBS International Bhd finalised an agreement for the acquisition of precision machining firm Allied Technologies' group of companies.

YNH Property Bhd has decided to defer upcoming coupon payments under its perpetual securities issuance programme as a strategic move to conserve cash reserves.

Sentral REIT’s 4QFY25 net property income down by 3.4% YoY to RM35.5mn, weighed down by higher operating expenses and lease accounting under MFRS 16.