
KUALA LUMPUR (Sept 23): Here is a brief recap of some business news and corporate announcements that made the headlines on Wednesday:
Tenaga Nasional Bhd (KL:TENAGA) said the extra subsidy earmarked for households is a one-off measure, and the national electric utility is mulling tweaks to its charges to better shield consumers. The initial estimate of up to RM150 million in costs to subsidise consumers from rising electricity bills is conservative and the actual cost may be lower for the company. — Tenaga Nasional tells analysts extra subsidy is one-off, mulls permanent solutions
CTOS Digital Bhd (KL:CTOS) said on Wednesday that its cybersecurity system recently detected unauthorised access to an environment supporting its consumer business. Certain data files containing a limited subset of processed consumer information were accessed from the affected environment, the credit reporting agency said. However, CTOS did not disclose what specific personal information was accessed. — CTOS detects cyber breach, limited consumer data accessed
Carimin Petroleum Bhd’s (KL:CARIMIN) 90%-owned subsidiary, Sri Borneo Energy Sdn Bhd, proposes to acquire leasehold land and buildings in Sarawak from Sarwaja Timur Sdn Bhd for RM21.12 million. Carimin Petroleum said its unit entered into a sale and purchase agreement with Sarwaja on Sept 14. The company said the acquisition would include the reactivation of the galvanising and metal fabrication business, leveraging the former plant's track record and customer recognition. — Carimin Petroleum unit to acquire property in Sarawak worth RM21.12 mil
YTL AI Labs Sdn Bhd, a subsidiary of YTL Power International Bhd (KL:YTLPOWR), announced the creation of a dataset of 1.35 million synthetic personas that will help in the development of artificial intelligence models that suit Malaysia's diversity. The dataset, called Nemotron-Personas-Malaysia, was developed in collaboration with tech giant Nvidia. — YTL AI Labs partners with NVIDIA to create dataset for training Malaysia-context AI
Aneka Jaringan Holdings Bhd (KL:ANEKA) has won a RM26.2 million contract for the foundation works for a 53‑storey serviced apartment project at Jalan Yap Kwan Seng here. Aneka Jaringan said its wholly-owned subsidiary accepted the letter of award for the project from WDA Architecture Sdn Bhd, acting on behalf of Exsim YKS 54 Sdn Bhd, a member company of Exsim Group. — Aneka Jaringan secures RM26m foundation works contract for 53‑storey KL serviced apartment
Destini Bhd (KL:DESTINI) will collaborate with transit and rail technology company Siemens Mobility Sdn Bhd to realise its ambition of becoming a digitally enabled railway maintenance, repair and overhaul (MRO) service provider. The group’s 70%-owned unit M Rail Technics Sdn Bhd (Railtec) has signed a two-year agreement with Siemens Mobility to establish a reliability control centre for data-driven MRO. — Destini signs two-year pact with Siemens Mobility for digital railway MRO
Rimbunan Sawit Bhd (KL:RSAWIT) said a three-month disruption at its Ulu Teru Estate in Miri, caused by a blockade of the main access route, resulted in an estimated RM10 million revenue shortfall. The blockade, which disrupted access to the estate since June 18, was lifted on Sept 15, while estate operations fully resumed on Sept 21. — Rimbunan flags RM10m revenue shortfall due to access blockade at Miri estate
The increasingly tangled dispute at PRG Holdings Bhd (KL:PRG) has reached another turning point, with the High Court ordering Premier De Muara Sdn Bhd (PDM) to be wound up. This comes as PRG’s construction arm initiated legal action to seek more than RM64 million in outstanding payments from PDM. — PRG’s RM64m dispute with shareholder-linked PDM comes to a head as court orders winding-up
LB Aluminium Bhd's (KL:LBALUM) net profit surged 60% to RM18.6 million for the first quarter ended July 31, 2026, from RM11.6 million a year ago, as revenue grew 17.9% to RM318.8 million from RM270.43 million. — LB Aluminium net profit up 60% in 1Q on strong aluminium, property contributions
Gold Li Holdings Bhd (KL:GOLDLI), which made its debut on the ACE Market of Bursa Malaysia on May 13, reported a net loss of RM3.89 million on revenue of RM7 million for the second financial quarter ended July 31, 2026. The results, announced via a bourse filing, was the group's second interim financial report. No comparative figures for the previous year were available. — Property developer Gold Li posts RM3.9m quarterly net loss