KUALA LUMPUR (Oct 21): Here is a brief recap of some business news and corporate announcements that made the headlines on Wednesday: 

Sunway Healthcare Holdings Bhd (KL:SUNMED) and Putrajaya Holdings Sdn Bhd have formed a 60:40 joint venture to develop a 325-bed private hospital in Putrajaya, with construction set to begin in the fourth quarter of 2027 and completion targeted for 2031. The proposed Sunway Medical Centre Putrajaya will be built on a 2.5-acre freehold site near Putrajaya Sentral in Precinct 7. — Sunway Healthcare, Putrajaya Holdings ink JV to build private hospital in Putrajaya

Separately, Sunway Healthcare and Sunway Real Estate Investment Trust (KL:SUNREIT) have extended the deadline to fulfil conditions for the RM60 million acquisition of Sunway Hotel Seberang Jaya in Penang to July 28, 2027, from Oct 28, 2026, via a supplemental agreement. The extension would give Sunway REIT more time to meet the conditions required for the transaction to proceed. — Sunway Healthcare, Sunway REIT extend deadline for acquisition of Sunway Hotel Seberang Jaya

Zetrix AI Bhd (KL:ZETRIX) managing director Wong Thean Soon disposed of 460,000 shares at five sen apiece for RM23,000. This brings his direct stake down to 0.541%, or 42.72 million shares, while his investment vehicle Asia Internet Holdings Sdn Bhd, holds another 1.3% or 102.7 million shares. Together, Wong now holds 1.841%, a far cry from the more than 30% he once held before a sudden drop in the share price in late August triggered margin calls on his share-backed financing facilities. — TS Wong's Zetrix AI stake down to 1.841% ahead of Oct 22 deadline to fix sukuk covenant

Malakoff Corp Bhd (KL:MALAKOF) announced the resignation of its chief financial officer Mohd Nazersham Mansor, after nine years in the role. His resignation, effective Nov 30, is to pursue other opportunities. Deputy CFO Nurshazwani Abd Malek will step in on an interim basis from Dec 1. — Malakoff CFO Mohd Nazersham to step down on Nov 30, deputy to take over  

CapitaLand Malaysia Trust (KL:CLMT) reported a 14.9% increase in third-quarter net property income (NPI), driven by higher rental income amid better contribution from most of its properties. NPI for the three months ended Sept 30, 2026 (3QFY2026) rose to RM79.4 million from RM69.1 million a year earlier. Gross revenue rose 9.1% to RM126.54 million from RM116.04 million in 3QFY2025, thanks to higher revenue from most of its existing portfolio due to positive rental revisions, rental step-ups, and contributions from industrial and logistics assets acquired in 2025. It declared a distribution per unit of 1.35 sen for the quarter. — CapitaLand Malaysia Trust’s 3Q net property income rises 15%, declares 1.35 sen distribution per unit

Westports Holdings Bhd (KL:WPRTS) reported record-high revenue from tariff increases and higher income from value-added services, boosting its earnings in the third quarter. Net profit for 3QFY2026 was RM342.56 million compared with RM271.11 million in the same quarter a year earlier. Revenue for the quarter surged 42% to RM1.07 billion from RM751.99 million. — Tariff increase, extra services lift Westports revenue to new record, boost earnings

AME Real Estate Investment Trust's (KL:AMEREIT) second-quarter net property income (NPI) increased by 11.4%, driven by higher rental income and contributions from newly acquired properties. NPI rose to RM16 million in the second quarter ended Sept 30, 2026, from RM14.36 million a year earlier. Revenue increased 11.9% to RM17.55 million from RM15.68 million. The trust declared a DPU of 2.19 sen –  amounting to RM11.7 million – payable on Nov 26. — New assets, higher rents lift AME REIT’s 2Q income by 11%; 2.19 sen to be distributed per unit

Pantech Global Bhd’s (KL:PGLOBAL) reported a 89.5% jump in second-quarter net profit on the back of higher sales volume and improved average selling prices. Net profit for 2QFY2027 surged to RM19.33 million from RM10.2 million a year earlier. Revenue rose 36.88% to RM173.71 million from RM126.9 million in the corresponding quarter last year. The board declared a first interim dividend of 2.2 sen per share – higher than the two sen dividend paid a year ago – payable on Dec 16. — Higher sales, selling prices lift Pantech Global 2Q net profit 90% 

Malaysia Marine and Heavy Engineering Holdings Bhd (KL:MHB) will contest a RM57.3 million arbitration claim brought by its subcontractor over works for the Bokor Phase 3 Redevelopment Project in Sarawak. The Asian International Arbitration Centre has notified the group's solicitors that the arbitration had commenced on Oct 9. The group said it disputes Haumea Offshore Sdn Bhd’s claims and will vigorously defend the arbitration. — MHB to contest RM57m arbitration claim over Bokor oilfield project in Sarawak

ES Sunlogy Bhd (KL:SUNLOGY) has secured shareholders’ approval for routine collaborations with its largest shareholder Kerjaya Prospek Group Bhd (KL:KERJAYA). Twenty-five shareholders holding 241.92 million shares voted for the recurrent related-party transactions mandate, while six shareholders holding 9,800 shares voted against, at an extraordinary general meeting on Wednesday. The mandate would streamline routine transactions with related parties on normal commercial terms, following Kerjaya Prospek’s emergence as a shareholder with a 31% stake earlier this year. — ES Sunlogy shareholders vote for regular tie-ups with Kerjaya Prospek

Shareholders of Mudajaya Group Bhd (KL:MUDAJYA) have been advised to vote in favour of the proposed disposal of a 45% stake in Real Jade Ltd to major shareholder Minyi Holdings Ltd (MHL) for HK$234 million (RM118.45 million), to settle debts owned to MHL. Independent adviser SCS Global Advisory (M) Sdn Bhd said the proposed disposal was “fair and reasonable and not detrimental to the interests” of non-interested shareholders. It therefore recommended that they vote in favour of the resolution at the company’s extraordinary general meeting on Nov 5. — Mudajaya shareholders advised to back RM118 mil Real Jade stake disposal to major shareholder