KUALA LUMPUR: Sunway Bhd, Kim Loong Resources Bhd, ICT Zone Asia Bhd, Aemulus Holdings Bhd, Binastra Corp Bhd, GuocoLand (Malaysia) Bhd, Axis Real Estate Investment Trust and VS Industry Bhd are among the stocks likely to attract trading interest on Friday following their latest news flow.
Sunway Bhd secured 99.97% shareholder approval for its RM11bil takeover of IJM Corp Bhd at RM3.15 per share, calling it its “best offer.”
The group said it will not revise the bid despite opposition, as it aims to unlock value through the combined entity.
Kim Loong Resources’ financial year ended Jan 31, 2026 (FY26) net profit rose to RM169.13mil from RM161.42mil, with revenue increasing to RM1.82bil from RM1.68bil, while 4Q profit jumped to RM36.03 mil on higher revenue of RM506.92 mil.
The group declared a second interim dividend of 6 sen per share, payable on May 18.
ICT Zone Asia has received a purchase order worth RM24.53mil for the trading of ICT hardware, including laptops and related peripheral devices.
Aemulus, via its subsidiary Aemulus Corporation Sdn Bhd, secures a RM10.5mil order from an India-based semiconductor player for CIS-related testers, marking its entry into the Indian market.
Binastra’s net profit jumped 48% to RM133.5mil in the financial year ended Jan 31, 2026 (FY26) while revenue surged 59% to RM1.5bil.
The group declared a second interim dividend of 3.5 sen per share, payable on April 24, 2026.
For its fourth quarter ended Jan 31, 2026, Binastra’s net profit rose to RM42.4mil from RM25.10mil in the previous corresponding period, while revenue in the fourth quarter rose to RM477.2mil from RM270.20mil a year earlier.
GuocoLand will table a RM1.10-per-share privatisation proposal at an EGM for disinterested shareholders’ approval.
The exercise, proposed by its controlling shareholder, will be carried out via a selective capital reduction and repayment.
VS Industry Bhd swung to a net loss of RM29.59mil in 2Q26, with revenue falling 15.3% amid weaker demand.
For the six-month period, net profit plunged 97.7% to RM1.04mil as revenue declined on lower orders and softer global sentiment.
Axis REIT aborts its RM800mil Penang industrial property acquisition from Ann Joo Resources Bhd after unsatisfactory due diligence findings.