Recent Posts
News•Mar 2, 2026
CIMB Upgrades ViTrox to 'Buy', TP Raised to RM5.90
CIMB Securities upgraded ViTrox Corp Bhd to a Buy, raising its target price to RM5.90 on stronger earnings outlook. The broker lifted FY26 and FY27 EPS forecasts by up to 15% after noting higher shipment volumes in the MVST and ABI segments and a new tax incentive. ViTrox expects FY26 revenue of RM237‑274 million, nearly 94% year‑on‑year growth, supported by the QX1 Series launch and capacity expansions. Service revenue rose 18% in FY25, and recurring contracts are projected to drive double‑digit growth through FY28.
By New Straits Times (Malaysia) – Business (site)
Deals•Feb 19, 2026
Bina Puri Sells KL‑Kuala Selangor Expressway Stake for RM77 Million
Malaysian infrastructure firm Bina Puri has sold its stake in the KL‑Kuala Selangor Expressway for RM77 million. The deal, announced on 19 February 2026, marks Bina Puri's exit from the toll road asset and is expected to bolster its balance sheet.
New Straits Times (Malaysia) – Business (site)
Deals•Feb 13, 2026
GDB Holdings to Acquire Three Sarawak Land Parcels for RM32.7mil
GDB Holdings announced it will acquire three land parcels in Sarawak for a total consideration of RM32.7 million. The acquisition expands GDB's land holdings in the region and is expected to support its development plans.
New Straits Times (Malaysia) – Business (site)