KUALA LUMPUR (Sept 9): Here is a brief recap of some corporate announcements that made the news on Wednesday:

Alam Maritim Resources Bhd (KL:ALAM) group managing director and chief executive officer Datuk Azmi Ahmad will be charged at the Kuala Lumpur Sessions Court on Thursday.  The company previously said Azmi had been remanded to assist in an investigation by the Malaysian Anti-Corruption Commission. — Alam Maritim CEO Azmi to be charged on Thursday

Scientex Bhd (KL:SCIENTX) posted a 29.54% year-on-year rise in 4QFY2026 net profit to RM199.92 million from RM154.33 million, driven by stronger contributions from its packaging and property divisions. Revenue rose 17.75% to RM1.4 billion from RM1.19 billion, while operating profit increased 32.7% to RM281.78 million. The group proposed a six sen final dividend for FY2026, payable on Jan 21, 2027, subject to shareholders’ approval. — Scientex’s 4Q net profit climbs nearly 30%; declares six sen dividend

Kuala Lumpur Kepong Bhd (KL:KLK) has redesignated its chief operating officer Lee Jia Zhang as chief executive officer, effective Oct 1. Jia Zhang will fill the vacancy left by his father, Tan Sri Lee Oi Hian, who was redesignated as group executive chairman in 2024. — KLK redesignates Lee Jia Zhang as CEO, succeeding father Oi Hian

Bursa Malaysia has sought further clarification from Zetrix AI Bhd (KL:ZETRIX) on its RM130 million valuation for the proposed acquisition of a 50% stake in MYEG Ventures Inc. The latest queries, the third set raised on the deal, focus on the valuation and the use of IPVG Employees Inc as the acquisition vehicle, including whether IPVG has agreements to acquire the remaining 40.6% stake and when that prerequisite acquisition will be completed. — Bursa asks Zetrix AI to justify RM130m valuation for MYEG Ventures in third query on deal

Separately, Zetrix AI co-founder and largest shareholder Wong Thean Soon’s selldown continues, with his stake falling to 13.14% after he and his investment vehicle Asia Internet Holdings sold 1.245 billion shares or a 16.35% stake for RM321.34 million. His stake has fallen from 29.49%, comprising a 15.19% direct and 14.30% indirect interest. — TS Wong cuts stake to 13.14% as margin call liquidations wipe out two-thirds of Zetrix AI’s market cap

Home furniture retailer SSF Home Group Bhd (KL:SSF) said Low Kok Yew has emerged as a substantial shareholder after raising his stake to above 5%. Low acquired 13.55 million shares or a 1.69% stake directly from executive director and deputy CEO Lok Kok Khong on Sept 7, with the transaction valued at RM4.88 million. — SSF Home sees Low Kok Yew emerge as third-largest shareholder

LFE Corp Bhd (KL:LFECORP) has secured three contracts worth RM23.87 million for electrical, mechanical and plumbing works at an Ara Damansara redevelopment project. The contracts, secured by wholly-owned LFE Engineering, cover electrical and extra-low-voltage services, air-conditioning and mechanical ventilation, and plumbing works, with a 27-month duration ending March 21, 2028. — LFE Corp wins RM23.9m contracts for Ara Damansara redevelopment

Power engineering solutions provider EI Power Bhd (KL:EIPOWER) is acquiring a freehold property in Bandar Glenmarie, Shah Alam for RM17.2 million as its new headquarters. The property comprises 1,495.09 sq m of land with a 2½-storey semi-detached factory. The acquisition will be funded via RM15 million from its IPO proceeds and RM2.2 million from internally generated funds. — Newly listed EI Power buys Glenmarie property for new HQ

Enra Group Bhd (KL:ENRA) has partnered with China Offshore Engineering & Technology Co Ltd to jointly bid for an upcoming Southeast Asian FPSO tender. The parties will negotiate the scope, pricing and responsibilities if they receive the official tender documents, before formalising the arrangement in a definitive agreement. — Enra teams up with China’s O&G services firm to bid for FPSO job in Southeast Asia

Ahmad Zaki Resources Bhd (KL:AZRB) has appointed Datuk Seri Wan Zakariah Wan Muda as chairman, succeeding Tan Sri Madinah Mohamad, who has resigned to pursue personal interests. Madinah was also a former auditor general of Malaysia. Wan Zakariah currently holds a 0.8% direct stake in the company and is the elder brother of executive director Datuk Wan Zulkifli Wan Muda. — AZRB redesignates Wan Zakariah as chairman

Pimpinan Ehsan Bhd (KL:PEB) will be delisted on Sept 14 after failing to submit a plan to revive the company by the deadline. Trading in its shares has been suspended since Aug 21, following the collapse of its proposed acquisition of renewable energy firm reNIKOLA Holdings Sdn Bhd and a decision to return cash to shareholders. — Pimpinan Ehsan to delist from Main Market on Sept 14