Trading ideas: CelcomDigi, Gamuda, UOA REIT, Bina Puri, DPS, Salutica, Ingenieur, Metronic, SkyeChip, Axis REIT, IGB REIT, IGB Commercial REIT, DXN

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

CelcomDigi Bhd, Maxis Bhd and YTL Communications Sdn Bhd extended an additional RM202.0mn shareholder advance to Digital Nasional Bhd to support its 5G rollout and spectrum-related payments.

Gamuda Bhd’s joint venture has secured a RM6.0bn contract for Phase 1 of the Skim Bekalan Air Ulu Padas project in Sabah.

UOA Real Estate Investment Trust’s plan to acquire three commercial properties from a unit of related-party UOA Development Bhd for RM200.0mn will not proceed after unitholders voted down the deal.

Bina Puri Holdings Bhd is extending its financial year again, now combining nearly two years of results into a 23-month reporting period by switching to a May year-end.

DPS Resources Bhd is exploring a partnership with an affiliate of Alibaba Group Holding Limited to develop artificial general intelligence data centre infrastructure in Melaka.

Salutica Bhd is undertaking a workforce rationalisation involving about 250 employees or roughly 53% of its total workforce.

Ingenieur Gudang Bhd will recover the debt owed to its subsidiary through the transfer of 38 property units in Kajang with a settlement value of RM13.7mn, converting an outstanding receivable into completed assets without any cash outlay.

Metronic Global Bhd has proposed to acquire 81 units of serviced apartments at Marina Point, Klebang, Melaka from Sanichi Precision Mould Sdn Bhd for RM33.2mn.

Semiconductor design firm SkyeChip Bhd is looking to raise up to RM352.0mn from its listing on the Main Market of Bursa Malaysia. 

Axis Real Estate Investment Trust reported an 8.3% YoY rise in net income to RM53.2mn for 1QFY26, driven by fair value gain on derivatives amid stable recurring rental income from its property portfolio.

IGB Real Estate Investment Trust’s 1QFY26 NPI jump 55.5% YoY to RM207.0mn on the back of stronger rental income.

IGB Commercial REIT’s 1QFY26 NPI rose 14.3% YoY to RM44.4mn underpinned by higher occupancy and average rental rates, as well as lower finance costs.

DXN Holdings Bhd’s net profit fell 25.3% YoY to RM62.6mn in 4QFY25 as higher production costs and foreign exchange losses squeezed profit margins despite a slightly increase in sales.