PJBumi’s One-for-Five Share Split Moves Forward After Bursa Approval
PJBumi has received conditional Bursa approval for a one-for-five share split intended to lower its trading price and broaden market participation.
Trusted Insights. Asian Perspective.
PJBumi has received conditional Bursa approval for a one-for-five share split intended to lower its trading price and broaden market participation.
Bursa will reclassify Midtown Group into Construction on 12 October, while retaining stock code 0177. The change reframes sector comparisons, not earnings.
Optimax’s three-year MyANGKASA agreement creates a cooperative channel for eye care access, but its earnings potential depends on participation and delivery.
Northern Solar’s Main Market transfer puts its RM189.3 million orderbook and RM2.23 billion tender pipeline under a larger investor spotlight.
Yinson Production’s FPSO JAK upgrade will raise Ghana gas-export capacity to 355 MMscf/d, extend the lease to 2036 and add about US$600 million to backlog.
Citaglobal’s LAWI Engineering secured a RM29 million scope within a RM52.1 million consortium contract for a 9.9 MW waste-to-energy plant in Thailand.
Jati Tinggi secured two TNB contracts worth RM15.7 million, taking FY2026 year-to-date wins to RM560.3 million and supporting a RM1.1 billion unbilled orderbook.
IJM has appointed former KPMG Malaysia leader Johan Idris as independent chairman, completing a planned board succession while retaining continuity.
Kelington’s new RM133 million contract raises its work on a Sarawak advanced manufacturing facility to RM416 million, sharpening focus on execution and cash flow.
Adnex Group’s wholly owned subsidiary has secured a RM14.19 million Bursa Malaysia contract to refurbish three floors at Exchange Square in Kuala Lumpur.