KUALA LUMPUR (Sept 25): Here is a brief recap of some business news and corporate announcements that made the headlines on Thursday:

HE Group Bhd (KL:HEGROUP) has secured a subcontract worth about RM124 million to supply main electrical works for a data centre in Johor. The contract was awarded to its wholly-owned unit Hexatech Engineering Sdn Bhd by an unnamed engineering, procurement and construction management (EPCM) company. HE Group said the EPCM company is a Malaysian-incorporated private company that is foreign-owned and specialises in construction, civil engineering and offshore oil and gas. — HE Group bags RM124m electrical works subcontract for Johor data centre

Eco World Development Group Bhd (KL:ECOWLD) is on track for a strong finish to its financial year ending Oct 31, 2026 (FY2026), with sales and earnings expected to hit record highs, after the property developer posted a nearly 11% increase in third-quarter net profit. Net profit for the third quarter ended July 31 rose 10.86% to RM112.16 million from RM101.17 million a year earlier, while revenue grew 27.51% to RM971.53 million from RM761.93 million, mainly driven by higher locked-in sales. — Eco World’s 3Q profit rises nearly 11%, on track for record FY2026

MNRB Holdings Bhd (KL:MNRB) has declared a final dividend of 15 sen per share for the financial year ended March 31, 2026 (FY2026). The insurance company said its dividend reinvestment plan would apply to 5.0 sen per MNRB share, representing 33.3% of the final dividend. — MNRB Holdings declares 15 sen final dividend for FY2026

Zetrix AI Bhd (KL:ZETRIX) is delaying its cash dividend payment to shareholders yet again, this time until Sept 28, while dividends linked to nominee accounts claimed by its substantial shareholder will remain on hold until the legal case is fully resolved. The digital services firm said the remittance of the dividend to unaffected shareholders is expected to be completed by Sept 28. — Zetrix AI delays dividend payout again, to Sept 28, as legal dispute over nominee accounts goes to court

In a separate filing, Zetrix AI said a calculation error caused the additional delay in paying out the final dividend, as it grapples with the injunction secured by a substantial shareholder to freeze payments to certain disputed accounts. — Zetrix AI says calculation error behind further delay in dividend payout

UUE Holdings Bhd’s (KL:UUE) unit has secured four contracts worth a combined S$9.3 million (RM29.7 million) for the supply and installation of 400-kilovolt (kV) power cables, auxiliary cables and accessories in Singapore. UUE's wholly-owned subsidiary, Konnection Engineering Pte Ltd, secured the awards from Hong Kong-listed Wee Guan Group. The latest wins bring UUE’s financial year-to-date contract wins to RM127.9 million, which the group said would strengthen its order book and provide earnings visibility over the next two to three years. — UUE secures S$9.3m power cable contracts in Singapore

IOIPG Malaysia REIT is planning to pay out at least 90% of its distributable income on a quarterly basis, as the real estate investment trust seeks listing on the Main Market. The trust is listing with properties in the Klang Valley and Penang worth RM7.66 billion combined, according to its draft prospectus. The trust also has the right-of-first-refusal to acquire local assets owned by its sponsor IOI Properties Group Bhd (KL:IOIPG). IOIPG Malaysia REIT will also consider assets of other owners though the priority will be retail, office, industrial and hospitality properties in urban and suburban areas in Malaysia. — IOIPG Malaysia REIT to pay out quarterly dividends, list with assets worth RM7.66b

IHH Healthcare Bhd’s (KL:IHH) unit has appealed a Tokyo court decision that dismissed its ¥200 billion (RM5.3 billion) damages claim against Japanese drugmaker Daiichi Sankyo. Northern TK Venture Pte Ltd (NTK), an indirect wholly-owned subsidiary of IHH, filed the appeal with the Tokyo High Court against the Tokyo District Court’s Sept 10 ruling. IHH said NTK believes the case warrants review by a higher court and has therefore exercised its right to appeal. — IHH unit appeals Tokyo court ruling over Fortis-related RM5.3 bil claim

Convenience store chain operator MyNews Holdings Bhd (KL:MYNEWS) saw its net profit fall 40.5% to RM3.83 million for its third quarter ended July 31, 2026, compared with RM6.43 million a year earlier. Higher administrative, selling and distribution expenses weighed on the bottom line despite revenue for the quarter growing 9% to RM251.76 million from RM230.94 million. The revenue growth was attributed to the expansion of its retail network, which grew from 659 to 685 outlets and higher in-store sales. — MyNews net profit down 40% in 3Q on higher operating expenses

Superlon Holdings Bhd (KL:SUPERLN) reported its highest quarterly net profit in a decade as revenue hit a record on higher contribution from its manufacturing division and better margins. Net profit for the first quarter ended July 31, 2026 (1QFY2027) surged 77.56% year-on-year to RM5.48 million from RM3.08 million, the thermal insulation solution maker’s bourse filing on Thursday showed. This is the company's highest quarterly net profit since 4QFY2017, when it reported RM6.37 million. — Superlon posts decade-high quarterly profit on record revenue, appoints new CEO

Infomina Bhd (KL:INFOM) said it has accepted a RM63 million contract to provide technology refresh supply and maintenance to a financial institution. The contract entails the supply, delivery, installation, configuration, integration, testing, commissioning, implementation, support, maintenance and other works and services applicable to the hardware, equipment, software and other items. Infomina did not disclose the name of the financial institution as “the customer did not provide consent for their name to be disclosed due to commercial reasons”. — Infomina bags RM63 mil contract to provide tech refresh, maintenance for financial institution

Ajinomoto (Malaysia) Bhd (KL:AJI) shareholders have approved the RM20 per share offer from its parent, Ajinomoto Co Inc, to take the company private via a selective capital reduction. At an extraordinary general meeting on Thursday, 216 shareholders holding 7.85 million shares, or 92.8% of the voted shares, backed the deal, while 56 shareholders holding about 605,653 shares, or 7.2%, voted against it. — Ajinomoto Malaysia shareholders approve parent’s RM20 privatisation offer

Inta Bina Group Bhd (KL:INTA) said it has secured a RM221.08 million contract to undertake the main building works for an apartment and office development in Klang. The contract was awarded by Prisma Melody Sdn Bhd, a wholly-owned subsidiary of Mitraland Holding (M) Sdn Bhd, which is part of the Mitraland Group. — Inta Bina bags RM221 mil construction contract in Klang from Mitraland