KUALA LUMPUR (Oct 28): Here is a brief recap of some business news and corporate announcements that made the headlines on Wednesday: 

The Malaysian billionaire families behind Maxis Bhd (KL:MAXIS) and U Mobile Sdn Bhd are reviving plans to combine the companies in a deal that could create the country’s biggest wireless operator by market value, Bloomberg reported, citing people with knowledge of the matter. U Mobile’s owners may seek a valuation of RM10 billion or more in a deal. A combination of the two companies would overtake CelcomDigi Bhd (KL:CDB), which has a market capitalisation of about RM29 billion, as the country’s biggest mobile operator. — Malaysian billionaires said to revive plan to create nation’s biggest mobile operator

The Securities Commission Malaysia has paid a visit to Zetrix AI Bhd’s (KL:ZETRIX) headquarters in Petaling Jaya as part of an investigation involving the company, according to sources familiar with the matter. The nature and scope of the investigation, including the purpose of the visit, remains unclear. — SC visits Zetrix AI headquarters amid probe, sources say

Bursa Malaysia Bhd’s (KL:BURSA) net profit grew nearly 10% to RM70.21 million for the third quarter ended Sept 30, 2026 (3QFY2026) from RM63.85 million a year earlier, thanks to higher trading activities. Revenue for the quarter rose 20% to RM216.42 million from RM179.9 million. — Bursa Malaysia grows 3Q net profit by nearly 10%, says on track with targets

CTOS Digital Bhd’s (KL:CTOS) net profit rose 11.5% to  RM27.54 million for 3QFY2026 from RM24.69 million a year earlier supported by higher revenue and contributions from associate companies despite disruptions to some of its credit reporting services following a cybersecurity incident. Quarterly revenue increased 5.5% to RM87.57 million from RM83.01 million. The credit reporting agency declared a third interim dividend of 0.7 sen per share payable on Jan 27, 2027. — CTOS 3Q net profit rises 12% despite cybersecurity disruption

PT Bank CIMB Niaga Tbk, the 91.45%-owned Indonesian subsidiary of CIMB Group Holdings Bhd (KL:CIMB), reported a 14.7% year-on-year decline in net profit for the nine months ended Sept 30, 2026, weighed down by narrower lending margins and higher provisions for potential loan losses The bank posted a net profit of 4.49 trillion rupiah (RM1.01 billion), down from 5.27 trillion rupiah a year earlier. — CIMB Niaga's nine-month profit falls 15% on margin pressure, higher provisions

Jati Tinggi Group Bhd (KL:JTGROUP) on Wednesday reported a more than two-fold increase in quarterly net profit from a year earlier, driven by higher revenue from power infrastructure and underground cable projects, particularly those linked to data centres. Net profit for the third financial quarter ended Aug 31, 2026 rose to RM8.01 million from RM3.18 million, while revenue nearly tripled to RM156.05 million from RM52.96 million.— Jati Tinggi 3Q net profit more than doubles on stronger data centre project contributions

Oriental Interest Bhd (KL:OIB) has called off its proposed RM280 million acquisition of two motorcycle financing and retail businesses. It had mutually agreed with vendor LLSB 1980 Holdings Sdn Bhd to terminate the acquisition of Chin Hin (Jitra) Sdn Bhd and CHJ Motor Holdings Sdn Bhd, following a reassessment of its business strategy and the longer-than-expected time needed to obtain regulatory approvals. The group reported a net profit of RM25.16 million for the fourth quarter ended Aug 31, 2026, down 35.9% from RM39.26 million a year earlier  amid lower progress billings from its property projects.  Quarterly revenue fell 20% to RM179.4 million from RM224.27 million. — Oriental Interest scraps motorcycle business acquisition as 4Q net profit falls 36%

Pantech Group Holdings Bhd’s (KL:PANTECH) net profit for the second quarter ended Aug 31, 2026 grew 33.1% to RM19.39 million from RM14.57 million a year earlier due to stronger contributions from its manufacturing division. Quarterly revenue rose 23.8% to RM281.5 million from RM227.4 million. — Pantech 2Q net profit rises 33% on stronger manufacturing performance

Berjaya Property Bhd's (KL:BPROP) unit Berjaya Construction Bhd will undertake design-and-build works for the Sanglang Port development project in Perlis. The maritime infrastructure project is aimed at enhancing the state’s maritime connectivity and complementing recently completed logistics infrastructure, including the Tuanku Syed Sirajuddin Free Commercial Zone — Perlis Inland Port (PIP) and the Chuping Valley Industrial Area. The group will partner with owner-developer Sanglang Port Mutiara Perlis Sdn Bhd, leveraging its technical and project delivery expertise to build the port’s infrastructure. — Berjaya Construction to undertake design-and-build works for RM1.2 bil port development project in Perlis

Titijaya Land Bhd (KL:TITIJYA) is selling its logistics hub in Bayan Lepas, Penang, to government-linked property investor Pelaburan Hartanah Bhd for RM300 million. The disposal price is nearly double the property's net book value of RM156 million as at June 30, 2026, and is expected to generate a net gain of RM143 million after estimated expenses. — Titijaya selling DHL-tenanted Penang warehouse to Pelaburan Hartanah Bhd for RM300m 

T7 Global Bhd (KL:T7GLOBAL) has secured a three-year contract to provide hook-up and commissioning (HUC) services in Peninsular Malaysia from a PETRONAS-Eni joint venture. Its wholly owned unit, Tanjung Offshore Services Sdn Bhd, received the contract from Searah (Malaysia) Sdn Bhd, formerly known as Seara Energy Sdn Bhd, on Aug 25. — T7 Global bags three-year commissioning contract from PETRONAS-Eni JV  

Kanger International Bhd's (KL:KANGER) trading suspension looms after Bursa Malaysia Securities rejected its request for more time to issue its interim audited financial statements. Kanger said it had sought an extension until Dec 31 to issue the statements for the 21-month financial period from Oct 1, 2024 to June 30, 2026, from the original Oct 31 deadline. The delay stems from the need for newly appointed auditor Morison LC PLT to complete the examination of Kanger's books. The suspension is scheduled to take effect on Nov 10. — Kanger trading suspension looms after Bursa rejects bid for more time to issue audited accounts