KEYFIELD DISPOSES ONE OF ITS DP2 AWB, NETTING GAIN OF APPROXIMATELY RM85.0 MILLION

Keyfield International’s subsidiary, Keyfield Resolute, will sell its DP2 workboat, Keyfield Compassion, to Petro Laut for USD36.8 million (RM151.9 million), generating an estimated RM85 million post-tax profit. Proceeds will support fleet expansion and potential shareholder dividends.

HI MOBILITY UNDERTAKES STRATEGIC ACQUISITIONS TO ENHANCE CAPABILITIES AS PART OF ITS GROWTH JOURNEY

HI Mobility Berhad has agreed to acquire Handal BCM and Acacia Motor Services for a combined RM82.53 million through new share issuances. The acquisitions expand HI Mobility’s capabilities across manufacturing, distribution, maintenance and sales, strengthening its position in the commercial vehicle and mass transit sectors. With Acacia’s EV and ICE bus expertise and Handal BCM’s distribution network, the Group expects meaningful synergies, improved efficiency and stronger growth prospects.

NEXTGREEN FERTILIZER SIGNS THREE STRATEGIC AGREEMENTS TO ADVANCE MALAYSIA’S GREEN AND SUSTAINABLE AGRICULTURE AGENDA

Nextgreen Global Berhad (“NGGB”) marked a milestone in Malaysia’s green agriculture journey by signing three strategic agreements with MARDI, Padi Global, and DOA Integrated Farming.

The partnerships will support research validation, regional distribution, and large-scale application of NGGB’s bio-organic fertilizers, NexBooster™ and NexCompost®, promoting sustainable farming and enhancing crop yields nationwide.

OCK EXPANDS IN LAOS MARKET THROUGH ACQUISITION OF TELECOMMUNICATION TOWERS FROM EDOTCO

OCK Group Berhad (“OCK” or “the Group”), Malaysia’s largest telecommunications network solutions provider and regional TowerCo, has signed a sale and purchase agreement (SPA) with EDOTCO Group to acquire 100% of its Laos operations.

The move marks a key milestone in OCK’s regional expansion, strengthening its presence in Southeast Asia and supporting the growing demand for 5G-driven network infrastructure. OCK will also kick-start the rollout of 30 new telecommunication towers in Laos as part of its growth strategy.

KERJAYA PROSPEK SECURES TWO MAJOR CONTRACTS WORTH RM197.7 MILLION

Kerjaya Prospek Group Berhad (“Kerjaya”) announced two new contract wins worth a combined RM197.7 million. The projects include the construction of the 39-storey Viera 15 serviced apartment in Shah Alam and five canal bridges at Andaman Island, Penang. With these latest awards, Kerjaya’s total contract wins for 2025 stand at RM1.16 billion, boosting its outstanding order book to RM3.7 billion.

AXIS-REIT ANNOUNCES RM800 MILLION PURCHASE OF A FREEHOLD INDUSTRIAL PROPERTY IN SEBERANG PERAI, PENANG

Axis REIT Managers Berhad (“ARMB”), on behalf of Axis Real Estate Investment Trust (“Axis-REIT”), has proposed to acquire an industrial property from Ann Joo Steel Berhad (“AJSB”) for RM800 million, marking its largest acquisition to date.

Following the purchase, AJSB will lease back the property for eight years at an initial monthly rental of RM4.16 million.

Situated on 135.53 acres of freehold land in Prai Industrial Estate, Penang, the property offers strong connectivity to major transport links. Axis-REIT CEO Leong Kit May said the acquisition reinforces the trust’s strategy of securing prime industrial assets and expanding its presence in Penang.

KERJAYA PROSPEK SECURES RM87.7 MILLION CONTRACT IN SHAH ALAM

Kerjaya Prospek Group Berhad has secured an RM87.7 million contract to build 133 shop lots in Elmina, Shah Alam. Work begins on 17 November 2025 with completion expected in 30 months. This brings the Group’s year-to-date contract wins to RM958 million and lifts its order book to RM3.6 billion. CEO Tee Eng Tiong highlighted the project as part of Kerjaya’s continued expansion in high-growth urban areas.

UUE SECURES ITS LARGEST CONTRACT EVER IN SINGAPORE

UUE Holdings Berhad has secured a SGD20.9 million (RM67.3 million) contract in Singapore, its largest to date, via subsidiary Konnection Engineering Pte Ltd. The project, awarded by Wee Guan Construction, covers the supply and installation of 230kV power cables and HDPE pipes using HDD technology, with completion targeted by end-2027.

This contract lifts UUE’s order book to a record RM521.9 million and brings year-to-date wins to over RM362 million, reinforcing its capabilities and expanding its full-scope role in Singapore’s utilities sector, said Managing Director Datuk Dr Ting Kok Hwa.

BINASTRA GROWS DATA CENTRE PORTFOLIO WITH RM188.5 MILLION CONTRACT WIN

Binastra Corporation Berhad has secured a RM188.5 million contract for mechanical and electrical works at AIMS Group’s data centre in Cyberjaya, scheduled for completion within four months. This fifth data centre project raises Binastra’s total secured data centre value to RM1.4 billion, with current new contracts reaching RM2.0 billion and an outstanding order book of RM4.7 billion.

UUE SECURES RM26.7 MILLION CONTRACT IN EAST COAST OF MALAYSIA

UUE Holdings Berhad (“UUE”) announced that its subsidiary, Kum Fatt Engineering Sdn Bhd, has secured a RM26.7 million contract from Sutera Utama Sdn Bhd for 11kV underground cable works in TNB’s east coast network.

The win lifts UUE’s order book to a record RM454.6 million, reinforcing its strong earnings outlook and commitment to supporting Malaysia’s energy infrastructure and transition agenda.