KUALA LUMPUR (Nov 6): Here is a brief recap of some business news and corporate announcements that made the headlines on Friday:

Semiconductor assembly and test services provider Unisem (M) Bhd’s (KL:UNISEM) net profit for the three months ended Sept 30, 2026 (3QFY2026) increased 59% to RM30.73 million from RM19.38 million a year earlier, thanks to higher sales volume and other operating income. Quarterly revenue rose 23% to RM607.66 million from RM492.74 million amid higher sales volume. Unisem declared a first interim single-tier dividend of one sen per share for FY2026, payable on Dec 8. —  Unisem's 3Q net profit jumps 59%; declares one sen interim dividend

Semiconductor support services firm Frontken Corporation Bhd (KL:FRONTKN) posted record earnings in the third quarter ended Sept 30, 2026 (3QFY2026), driven by stronger performance across its core businesses and effective cost controls. Net profit for the quarter rose 25% to RM57.3 million from RM45.8 million a year earlier. Revenue increased 12% year-on-year to RM181 million from RM161.9 million, driven by higher contributions from its subsidiaries in Taiwan, Malaysia and Singapore. No dividend was declared for the quarter under review. —  Frontken 3Q earnings rise 25% on stronger core businesses, cost efficiencies

Public Bank Bhd (KL:PBBANK) saw its net profit drop 3.8% year-on-year in the third quarter ended Sept 30, 2026 (3QFY2026) on higher loans or financing impairment allowances. Net profit of the country’s third-largest bank by total assets dropped to RM1.77 billion in 3QFY2026 from RM1.84 billion in the same quarter a year earlier, while revenue rose 4.4% to RM7.74 billion from RM7.42 billion. No dividends were declared for the quarter. — Public Bank 3Q net profit slips 3.8% on higher loan loss charges

Maxis Bhd (KL:MAXIS) on Friday reported a 8.5% increase in its net profit in the third quarter from a year earlier, thanks to higher service revenue as well as lower costs. Net profit for the third quarter ended Sept 30, 2026 (3QFY2026) was RM447 million, compared with RM412 million a year prior. Revenue rose 3.7% year-on-year to RM2.68 billion in a quarter marked by the launch of Apple’s latest iPhone 18 series and Samsung foldables. Maxis declared an interim dividend of 4.5 sen per share, payable on Dec 22. — Maxis earnings grow by 8.5% in 3Q, declares 4.5 sen per share dividend

Bursa Securities has directed Zetrix AI Bhd (KL:ZETRIX) to pay its delayed final dividend for the  year ended Dec 31, 2025 (FY2025) by Nov 23. Bursa also asked the company to disclose material information on its financial condition and several other developments which it views with serious concern. The developments include the withdrawal of its declared interim dividend for FY2026, resignation of all independent directors and external auditors, issuance of its Employees’ Share Option Scheme (ESOS), and financial and operational impact of the suspension of Zetrix and its unit as collection agent for the Road Transport Department (JPJ). — Bursa directs Zetrix to pay FY2025 final dividend by Nov 23, disclose info on financial condition

TRC Synergy Bhd (KL:TRC) on Friday confirmed that it holds a 30% stake in the joint venture (JV) that was awarded a RM2.69 billion contract to build the Penang LRT Mutiara Line's cross-sea extension linking Penang Island to the mainland. The confirmation comes a day after MRT Corp announced the award of the contract to a consortium comprising China Communications Construction Company Ltd, TRC Synergy's wholly owned subsidiary TRC Construction Sdn Bhd and Ufuk Semarak Sdn Bhd. — TRC Synergy confirms 30% stake in JV awarded RM2.69b Penang LRT contract

Datuk Lee Yeow Seng has stepped down from the board of IOI Corp Bhd (KL:IOICORP) to focus on the conglomerate’s property arm, IOI Properties Group Bhd (KL:IOIPG), which is in the midst of listing IOIPG Malaysia Real Estate Investment Trust on Bursa Malaysia. Yeow Seng, 47, has quit as non-independent and non-executive director at IOI Corp with immediate effect. — Lee Yeow Seng steps down from IOI Corp board to focus on leading IOI Properties

A consortium comprising MISC Bhd (KL:MISC), Yinson Holdings Bhd's (KL:YINSON) founding Lim family and the Employees Provident Fund (EPF) has submitted a formal proposal to privatise Yinson at RM2.50 per share, valuing the energy infrastructure group at RM7.31 billion. The proposed acquisition of the remaining 55.2% stake in Yinson, involving 1.61 billion shares, will entail a cash consideration of RM4.03 billion. Of the RM4.03 billion, PETRONAS-controlled MISC is expected to contribute approximately RM3.03 billion. MISC currently holds no shares in Yinson. — MISC, Lim family, EPF make RM4 bil offer to take Yinson private at RM2.50 a share

Software company Microlink Solutions Bhd (KL:MICROLN) has secured a 12-month extension worth RM59.58 million for its contract to provide the advanced passenger screening system (APS) for the Immigration Department. The original contract was awarded in November 2024 for RM83.51 million, including sales and service tax (SST). The latest extension brings the total contract value to RM137.92 million, excluding SST. — Microlink secures nearly RM60 mil extension for Immigration Dept's passenger screening system contract

APB Resources Bhd (KL:APB) is selling its Shah Alam office building, known as Menara APB for RM45 million cash to an entity owned by the Selangor state government. APB Resources said it has entered into a conditional sale and purchase agreement with Menteri Besar Selangor Inc’s wholly owned unit, Darul Ehsan Investment Group Bhd. The leasehold building comprises a 16 stories of offices and a four-level basement carpark. The lease expires in May 2100. — APB Resources to sell Menara APB to Selangor govt firm for RM45m

Nestcon Bhd (KL:NESTCON) has bagged a RM161 million construction contract to build a 36-storey serviced apartment block in Bandar Baru Ulu Kelang, Gombak. The contract was awarded to its wholly owned unit Nestcon Builders Sdn Bhd by property developer BU Developments Sdn Bhd. The 34-month contract commenced on Nov 2, 2026, and is scheduled for completion on Sept 1, 2029. — Nestcon secures RM161 mil job to build 36-storey serviced apartment block in Gombak