Corporate Updates - Bursa Malaysia
2026-07-31
Category: Corporate Updates
Frequency: Daily
Daily compilation of corporate updates and activities on Bursa Malaysia listed companies.
Explanation of the corporate events: User Manual
| Date | Company | Event Details | Sector | Event Summary |
|---|---|---|---|---|
| 11 Jun, 2026 | Shin Yang Group Bhd | Shin Yang Group Berhad, through its wholly owned subsidiary Shin Yang Shipping Sdn Bhd, has filed a lawsuit against Petroschiff Marine Logistics Sdn Bhd to recover RM2.96 million in alleged unpaid charter hire fees, service tax and repair costs. The claims relate to charter arrangements involving six sets of tugboats and barges, with outstanding charges incurred between May 2025 and March 2026, and the legal action was filed at the High Court on May 21. | Transportation & Logistics Services | Others |
| 8 Aug, 2025 | Petro Sarawak (Petros) | Petroleum Sarawak Bhd (Petros) is working on developing two carbon capture, utilisation and storage (CCUS) hubs. | Energy Infrastructure, Equipment & Services | Business Venture |
| 17 Jul, 2025 | Petroliam Nasional Bhd (Petronas) | Petronas is seeking an early Court of Appeal hearing to lift a High Court injunction that forces it to supply gas to Shell MDS in Bintulu without payment. The dispute stems from competing gas invoices from Petronas and Petroleum Sarawak (Petros), with Shell concerned about double payment. The injunction allows gas supply to continue while payments are suspended. Petronas claims losses of over RM80 million per month. The case involves two gas agreements—one with Petronas (2020) and one with Petros (2024)—and a joint federal-Sarawak government declaration affirming Petronas’ rights under the Petroleum Development Act, while the jurisdictional dispute continues in Kuching High Court. | Energy Infrastructure, Equipment & Services | Operation Updates |
| 20 May, 2025 | Petro Sarawak (Petros) | Teaming up with China Jiangsu International Economic and Technical Cooperation Group Ltd to launch the Kuching Low-Carbon Hub (KLCH), a flagship project under the Sarawak Gas Roadmap. | Energy Infrastructure, Equipment & Services | Operation Updates |
| 6 Feb, 2025 | Zecon Bhd | Zecon has signed a non-binding agreement with Sabah's Petrosabah to explore a large-scale floating solar project in Lahad Datu. Under the Memorandum of Understanding (MOU), Zecon will own 70% of the project, while Petrosabah will hold 30%. The MOU is valid for six months or until a formal joint venture agreement is signed. | Construction | Operation Updates |
| 16 Dec, 2024 | KKB Engineering Bhd | Won two contract orders worth a combined value of RM89 million. One of the awards is related to PETROSNiaga Sdn Bhd (PNSB) for the supply and delivery of new liquefied petroleum gas cylinders. Meanwhile, the other contract is related to Gamuda Bhd’s award for the manufacture, supply, delivery and unloading of mild steel concrete lined pipes and specials in Sabah. | Industrial Engineering | Contract Awarded |
| 7 Nov, 2024 | KKB Engineering Bhd | Secured contracts worth a combined RM93 million from several companies with key projects in the industrial and infrastructure sectors. The latest contracts include a three-year price agreement from Petroleum Sarawak Bhd (Petros), a sub-contract from Bina Puri Builder Sdn Bhd and a purchase order from Greenchain Capital Sdn Bhd. | Industrial Engineering | Contract Awarded |
| 31 Oct, 2024 | Petro Sarawak (Petros) | Allocating about RM40 billion over the next five years for its capital expenditure. | Energy Infrastructure, Equipment & Services | Expansion Plan |
| 23 Jul, 2024 | Petro Sarawak (Petros) | RM7 billion methanol complex in Bintulu, Sarawak commence operations. Located in Tanjung Kidurong, the plant boasts an annual production capacity of 1.75 million metric tonnes. | Chemicals | Operation Updates |
| 22 Jul, 2024 | Petro Sarawak (Petros) | Launch of the RM7 billion Sarawak Petchem Methanol Complex in Tanjung Kidurong, Sarawak. The plant is capable of producing up to 1.75 million metric tonnes per annum. | Chemicals | Operation Updates |