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

Gamuda Bhd (KL:GAMUDA) has signed a pact to explore supply and sales of excess treated water to Penang from its proposed plant in Perak. Under the terms of the non-binding MOU signed, the parties will aim for a formal agreement within the next six months. The MOU formalises the proposed principal commercial terms with Perbadanan Bekalan Air Pulau Pinang, a wholly owned unit of PBA Holdings Bhd (KL:PBA), as the designated buyer. — Gamuda signs pact to sell excess treated water to Penang from upcoming Perak plant

Kumpulan Perangsang Selangor Bhd (KL:KPS) said its 51%-owned unit Aqua-Flo Sdn Bhd secured two contracts worth a total of RM53.05 million for the supply of water treatment chemicals. Both contracts — one for the provision of pH-adjusters and another for polyelectrolytes (water soluble polymers) — will start on Jan 1, 2026. The contract sums are estimates, and final sums will be determined by actual quantities stated in purchase orders from Air Selangor. — KPS unit bags two contracts worth RM53 mil to supply water treatment chemicals

Delisted KNM Group Bhd said its shareholders have approved the €270 million (RM1.34 billion) sale of German unit Deutsche KNM GmbH (DKNM), which houses the group's crown jewel Borsig GmbH. The approval, which came a day after the group was delisted from Bursa Malaysia, was the final condition precedent holding up the deal. A total of 93.74% of the shareholders present at the EGM voted to approve the sale. — KNM's Borsig sale clears final hurdle with shareholders' nod

GDB Holdings Bhd (KL:GDB) has secured a court order enforcing an RM83 million adjudication award in its dispute with KSK Land Sdn Bhd over payments following the developer’s termination of its unit as the main contractor of the 8 Conlay project. Its unit Grand Dynamic Builders Sdn Bhd's (GDBSB) application to enforce the adjudication decision was allowed by the Kuala Lumpur High Court. Meanwhile, KSK Land unit, Damai City Sdn Bhd's application to set aside and stay the adjudication decision was dismissed by the court. — GDB gets court enforcement on RM83 mil adjudication award involving 8 Conlay project payments 

Heineken Malaysia Bhd (KL:HEIM) has cautioned that the recently announced excise duty hike on alcoholic beverages is expected to impact consumer sentiment and operating costs, as its net profit barely moved in the third quarter ended Sept 30, 2025. The company registered RM112.95 million in net profit during the quarter, almost similar to the corresponding quarter’s RM112.29 million, despite quarterly revenue rising 6% year-on-year to RM656.05 million. No dividend was declared for the quarter under review. — Heineken Malaysia flags excise duty hike impact as 3Q profit inches up less than 1%

Pentamaster Corp Bhd (KL:PENTA) has logged a 45.3% y-o-y rise in net profit for the third quarter despite a slip in sales. Net profit for the three months ended Sept 30, 2025 (3QFY2025) rose to RM17.11 million from RM11.77 million, despite a 1.4% slip in revenue to RM148.08 million from RM150.18 million. The group expects a better year in FY2026. No dividend was recommended for the quarter. — Pentamaster 3Q profit rises 45%, sees stronger growth in 2026

Sentral REIT (KL:SENTRAL) saw its third-quarter net property income (NPI) slip, no thanks to higher operating expenses, including one-off equipment repairs and replacement costs across several properties. Quarterly NPI for the quarter ended Sept 30, 2025 (3QFY2025) stood at just RM36.34 million, leading to a lower net distributable income of RM19.69 million. Revenue, however, rose marginally to RM48.27 million. The trust did not declare any income distribution for the quarter. — Sentral REIT posts lower 3Q earnings as repair costs weigh on income

Axis Real Estate Investment Trust (KL:AXREIT) is acquiring an industrial property in Seberang Perai Tengah for RM800 million from Ann Joo Steel Bhd, to whom it is leasing back the asset post-acquisition. The asset comprises 135.53 acres of land with an industrial facility built on-site. Ann Joo Steel will lease back the property at RM4.16 million per month for a fixed term of eight years. — Axis REIT acquires RM800m Penang industrial asset, secures leaseback from Ann Joo Steel

AEON Credit Service (M) Bhd (KL:AEONCR) said it will inject RM125 million into 50%-owned AEON Bank (M) Bhd to strengthen the digital bank’s capital base and support future growth. The additional subscription will preserve AEON Credit’s 50% equity stake as joint venture partner AEON Financial Service Co Ltd will undertake a matching subscription to maintain the existing shareholding ratio. — AEON Credit injects RM125m into AEON Bank to boost capital base

Pertama Digital Bhd (KL:PERTAMA) shares will be suspended on Nov 14 after the government e-service provider failed to meet its regularisation plan submission deadline of Oct 31. The company had appealed for a further extension of time. Previously, Pertama Digital was granted four extensions to submit the regularisation plan. Delisting of its securities will be deferred pending the regulator’s decision on the appeal. — Pertama Digital faces trading suspension after failure to meet regularisation plan deadline