KUALA LUMPUR (Aug 14): Here is a brief recap of some business news and corporate announcements that made the headlines on Friday:

Kerjaya Prospek Group Bhd (KL:KERJAYA) is now the largest shareholder in ACE Market-listed ES Sunlogy Bhd (KL:SUNLOGY) after acquiring shares from 18 shareholders for RM40.18 million, increasing its stake to 28.27%. The shares were bought at an average of 27.2 sen each through direct off-market deals. — Kerjaya Prospek becomes largest shareholder of ES Sunlogy with RM40.18m stake purchase

Destini Bhd (KL:DESTINI) has reshuffled its board, with Datuk Seri Dr Shahril Mokhtar returning as executive director and group managing director, ahead of the group’s Aug 21 extraordinary general meeting (EGM) to remove four directors, including executive chairman Datuk Abd Aziz Sheikh Fadzir and long-serving executive director Ismail Mustaffa. Abd Aziz and Ismail have now been redesignated as non-independent non-executive directors, while two other directors proposed to be removed resigned. In their stead, two individuals who were proposed to be new directors by the group of shareholders who sought the EGM have now joined the board. — Destini reshuffles board ahead of EGM to remove directors, Shahril Mokhtar returns as group MD

Pos Malaysia Bhd (KL:POS) incurred a second-quarter net loss of RM43.46 million, down from RM45.42 million in the same quarter last year, as revenue rose 9% to RM481.3 million from RM441.57 million. The group's net operating cash flow, meanwhile, turned positive at RM18.3 million in 1HFY2026, compared with a net outflow of RM64.6 million in 1HFY2025 — Pos Malaysia remains in the red with slight dip in 2Q losses; 1H operating cashflow turns positive

CelcomDigi Bhd (KL:CDB) saw its 2QFY2026 net profit fall 9.3% to RM398 million from RM439 million in the same period last year due to higher expenses, joint-venture losses and lack of profits from assets sold. Revenue inched up to RM3.19 billion from RM3.18 billion. The company declared a second interim dividend of 3.4 sen per share, payable on Sept 29. — CelcomDigi 2Q profit slides 9.3%; declares 3.4 sen dividend

Maxis Bhd’s (KL:MAXIS) second-quarter net profit rose 9.6% to RM436 million from RM398 million in the same period last year, as revenue grew 3.7% to RM2.66 billion from RM2.56 billion. This increase was supported primarily by higher service revenue and device sales. An interim dividend of four sen per share was declared. — Maxis 2Q net profit grows 9.6%, declares dividend of four sen per share

Hextar Global Bhd (KL:HEXTAR) is diversifying into property development through a RM3.8 billion gross development value mixed-use project in Shah Alam with a unit of Perbadanan Kemajuan Negeri Selangor (PKNS). — Hextar Global ventures into property via RM3.8 bil Shah Alam project with PKNS

Ocean Vantage Holdings Bhd (KL:OVH) has been appointed as panel contractor by Petroliam Nasional Bhd (PETRONAS) under two packages, collectively covering 10 of the 13 packages under PETRONAS’ Pan Malaysia Appointment of Panel Contractors for the Provision of Integrated Well Continuity Services. — Ocean Vantage units secure PETRONAS panel contractor appointment for integrated well continuity services

Carlsberg Brewery Malaysia Bhd’s (KL:CARLSBG) second-quarter net profit rose by 1.2% to RM82.92 million compared to RM81.93 million a year ago, as revenue climbed 5% to RM514.89 million from RM490.17 million. It declared a second interim dividend of 21 sen per share, to be paid on Nov 12. The company noted that consumer spending remains cautious, and that it has seen early signs of sales being impacted by the 10% increase in excise duty imposed in November 2025. It also said the Middle East conflict has impacted its value chain but that the situation remains manageable. — Carlsberg Malaysia posts almost flat 2Q earnings, says excise duty starting to hurt demand; Carlsberg says Middle East conflict impact manageable with supply rerouted from West Asia

DPS Resources Bhd (KL:DPS) is exploring a collaboration with a subsidiary of China state-owned enterprise China Energy International Group Co Ltd for the development of data centres and supporting infrastructure. There are two proposed sites for the projects — Lendu and Bukit Rambai — with preparatory works now underway. — DPS Resources inks MOU with China Energy International unit for Melaka data centre projects

Magna Prima Bhd (KL:MAGNA) has entered into an agreement to take over and complete the stalled 8 Conlay mixed-use development in Kuala Lumpur, in a restructuring exercise capped at RM700 million. Magna Prima's unit will issue RM700 million in redeemable secured loan securities in place of cash to satisfy the assumed liabilities. The deal was done with the project’s original developer, Damai City Sdn Bhd, and a newly designated company, Delta 8 Sdn Bhd, that will hold the land and development undertaking. — Magna Prima sets 1H2027 target for RM700m restructuring of 8 Conlay

Coastal Contracts Bhd (KL:COASTAL) is selling an offshore support vessel to an undisclosed buyer for RM175.78 million. — Coastal Contracts gets RM175.8m offshore support vessel sale order

Affin Bank Bhd (KL:AFFIN) saw an 11% decline in its 2QFY2026 net profit to RM127.52 million from RM143.49 million in the same period a year prior, due to rising provisions for bad debts. Allowances for credit impairment losses more than doubled to RM78.8 million during the quarter. No dividend was declared for the quarter under review. — Affin Bank's 2Q net profit down 11% as provisions rise

Datuk Lee Kok Khee is stepping down from his role as group CEO at Atlan Holdings Bhd (KL:ATLAN) and will be appointed as group adviser. His successor has yet to be announced. This comes just a little over a year after his appointment to the role on Aug 7 last year. — Atlan group CEO Lee Kok Khee to resign on Sept 17, to take up group adviser role