
KUALA LUMPUR (Nov 5): Here is a brief recap of some business news and corporate announcements that made the headlines on Thursday:
ViTrox Corporation Bhd (KL:VITROX) posted its strongest quarterly results since listing in 2005, with net profit more than tripling to RM118.6 million for the third quarter ended Sept 30, 2026, from RM34.7 million a year earlier, driven by higher sales volume and lower unit costs. Revenue more than doubled to RM485.1 million, while the semiconductor equipment maker expects continued growth into 2027, supported by strong demand for artificial intelligence (AI) infrastructure and data centres. — ViTrox posts best quarter since listing as volume surges, sees bright outlook
Sunway Construction Group Bhd (KL:SUNCON) has secured a RM1.74 billion contract to build a hyperscale data centre in Bandar Serendah, Selangor, marking its seventh data centre-related contract this year. The latest win brings its year-to-date new orders to RM9.8 billion and outstanding order book to RM13.4 billion, with the project expected to be completed by the fourth quarter of 2028. — Sunway Construction wins RM1.74 bil contract to build another data centre in Selangor
Zetrix AI Bhd (KL:ZETRIX) has launched a digital identity service for AI agents in partnership with China's Academy of Information and Communications Technology, as it seeks to commercialise its AI investments following RM3.7 billion in development spending. The launch comes amid mounting financial and legal challenges, including a breach of its RM2 billion sukuk programme's covenant and a credit rating downgrade by MARC Ratings. — Embattled Zetrix AI launches AI agent identity service after RM3.7 bil development spending
SD Guthrie Bhd (KL:SDG) reported a 17% decline in its net profit to RM773 million for the third quarter ended Sept 30, 2026, from RM935 million a year earlier, mainly due to lower gains from land sales and weaker downstream earnings. Revenue slipped 0.3% to RM5.39 billion. The plantation group remains optimistic about its full-year performance, supported by resilient palm oil prices. — SD Guthrie reports 17% drop in 3Q earnings, says still on track for strong year
Lotte Chemical Titan Holding Bhd (KL:LCTITAN) saw its net loss widen to RM245.5 million for the third quarter ended Sept 30, 2026 (3QFY2026), from RM168.84 million a year earlier, weighed down by higher feedstock costs, depreciation and interest expenses, as well as narrower margins. Revenue rose 17% to RM2.85 billion, driven by higher average selling prices. The petrochemical group has remained loss-making since 2QFY2022. — Lotte Chemical Titan stays in the red as 3Q net loss widens on higher costs, margin squeeze
Pentamaster Corp Bhd (KL:PENTA) reported a 19.6% rise in net profit to RM20.46 million for the third quarter ended Sept 30, 2026 from RM17.11 million a year earlier, driven by stronger demand for factory automation solutions, particularly from the AI computing sector. Revenue surged 51.3% to RM224.05 million, with AI computing contributing nearly half of the group's quarterly revenue. The group expects double-digit revenue growth for FY2026, backed by an outstanding order book of RM500 million. — Pentamaster 3Q net profit rises on AI demand, expects double-digit revenue growth for FY2026
Kobay Technology Bhd (KL:KOBAY) posted a 73% jump in net profit to a record RM18.66 million for the first quarter ended Sept 30, 2026 (1QFY2027), from RM10.77 million a year earlier, driven by stronger contributions from its manufacturing divisions. Revenue rose 17% to RM130.24 million, with the group remaining optimistic about its semiconductor manufacturing business amid healthy orders and rising customer demand. — Kobay Technology 3Q net profit surges 73% on strong manufacturing business
Fraser & Neave Holdings Bhd (KL:F&N) reported an 18.2% rise in net profit to RM135.05 million for the fourth quarter ended Sept 30, 2026 (4QFY2026), from RM114.29 million a year earlier, mainly due to lower tax expenses. Revenue fell 3.1% to RM1.19 billion, weighed down by weaker sales in Cambodia and unfavourable currency movements. The group proposed a final dividend of 30 sen per share, bringing its total FY2026 payout to 60 sen per share. — F&N 4Q net profit rises 18% on lower tax expenses, proposes 30 sen final dividend
Tanco Holdings Bhd (KL:TANCO)'s joint venture with a Chinese construction firm has secured a RM700 million contract to build an industrial warehouse complex in Klang. The project is expected to be completed by November 2028, with Tanco's role limited to project coordination and management for an undisclosed fee, while its Chinese partner will undertake construction and bear the associated costs and risks. — Tanco-China builder JV bags RM700m warehouse contract in Klang
Alpha IVF Group Bhd (KL:ALPHA) has secured approval from the Securities Commission Malaysia and Bursa Malaysia to transfer its listing from the ACE Market to the Main Market under the healthcare sector. The fertility care specialist, which debuted on the ACE Market in March 2024, said the move would enhance its corporate profile and attract greater institutional investor interest. — Alpha IVF gets SC, Bursa approval for Main Market transfer
TT Vision Holdings Bhd (KL:TTVHB) has secured a RM15.32 million purchase order from an unnamed global opto-semiconductor manufacturer for automated optical inspection equipment, to be fulfilled within nine months. This marks its third purchase contract this year, following orders worth RM9.5 million in September and RM3.62 million earlier this month. — TT Vision bags RM15.32 mil order for automated optical inspection equipment