Unitrade Industries Bhd is repositioning itself beyond its long-standing identity as a steel and building materials trader, as recycling and solar distribution emerge as core earnings pillars alongside its traditional wholesale business.

For the past few years, Unitrade Industries Bhd has faced market uncertainties with weaker steel prices, as well as impairments on receivables and inventory.

Unitrade Industries Bhd remains positive about its financial performance outlook for the current financial year, underpinned by stronger contributions from its wholesale and distribution, as well as metal recycling divisions.

theedgemalaysia.com highlighted nine stocks with momentum at Bursa Malaysia’s afternoon close on Tuesday. Two stocks showed positive momentum, while seven stocks showed negative momentum.

KUALA LUMPUR (Feb 6): Northern Solar Holdings Bhd (KL:NORTHERN), which made its debut on the ACE Market on Thursday, is looking to expand its footprint in Southeast Asia, according to its managing director Lew Shoong Kai. "In Southeast Asia, there are quite a few potential countries, bu...

Here is a brief recap of some business news and corporate announcements that made the headlines on Monday.

（吉隆坡27日讯）联营工业（Unitrade Industries Bhd）（KL:UNITRAD）今日说明，持股51%的Intergreen Metal私人有限公司将通过股东注资和内部资金，以4200万令吉收购金属回收专家Kien San Metal私人有限公司（KSMSB）。

Unitrade Industries Bhd (KL:UNITRAD) clarified on Monday that its 51%-owned Intergreen Metal Sdn Bhd's acquisition of a controlling stake in metal recycling specialist Kien San Metal Sdn Bhd for RM42 million will be financed via a combination of capital injection to Intergreen by its shareholders, and Unitrade's own internal funds.

（吉隆坡24日讯）建筑材料批发商联营工业（UNITRAD，0247，创业板工业）持股51%的子公司Intergreen金属私人有限公司宣布，以现金4200万令吉收购金属回收公司建山金属私人有限公司（Kien San Metal Sdn Bhd）的控股权，以扩展业务至东马市场。根据联营工业的文告，Intergreen已与建山金属股东洪清忠（译音）签署股权买卖协议，收购在建山金属的51%的股权。交易完成后，联营工业将间接持有26.01%的有效股权，预计该交易将在今年第2季度完成。建山...

KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.

Unitrade Industries Bhd is buying a controlling stake in a Sarawak-based metal waste recycling company for RM42mil.

Here is a brief recap of some business news and corporate announcements that made the headlines on Thursday

Unitrade Industries Bhd (KL:UNITRAD), a building material wholesaler and distributor, says its 51%-owned subsidiary Intergreen Metal Sdn Bhd is acquiring a controlling stake in metal recycling specialist Kien San Metal Sdn Bhd (KMSB) for RM42 million to expand its business to Sabah and Sarawak.

（吉隆坡23日讯）联营工业（UNITRAD,0247,创业板工业产品服务组）拟通过持股51％子公司Intergreen Metals私人有限公司（IMSB），斥资4200万令吉收购东马金属回收公司建山金属（Kien San Metal Sdn Bhd）的51％股权。该公司董事部在文告指出，IMSB今日已与建山金属现有股东洪庆忠（译音）签署股东签署股权买卖协议，以现金4200万令吉寻求收购建山金属的1275万普通股或51％股权。根据文告，假设一切顺利，收购可在2026财政年首季完成，届时建山金...

KUALA LUMPUR: Unitrade Industries Bhd’s 51%-owned subsidiary, Intergreen Metals Sdn Bhd has entered into a share sale agreement (SSA) with Hong Ching Chung (vendor) to acquire 51% equity interest in Kien San Metal Sdn Bhd (KSMSB) for RM42mil.

（吉隆坡25日讯）4个月前斥资784万令吉收购雪州双溪毛糯土地，以建设员工集中宿舍的联营工业（UNITRAD,0247,创业板工业产品服务组），今日宣布与卖家解除合约。该公司今日在文告指出，负责收购的独资子公司Perfect CLQ私人有限公司先前已就有关土地发展，提交相关申请给沙亚南市政厅（MBSA），并接获志期7月4日批准信。“但在考量批准信的各种条件后，Perfect CLQ认为，若依照这些条件行事，则发展成本将显著攀升，因此卖家与Perfect CLQ均同意即日起解除协议。”联营工...

AFTER nearly five years as a Practice Note 17 (PN17) company, FSBM Holdings Bhd (KL:FSBM) exited financially distressed status in mid-June when Bursa Malaysia green-lit its submission. The main-market listed company is a different entity now, having undergone a significant transformatio...

PETALING JAYA: Unitrade Industries Bhd is in a sweet spot to fuel its earnings for financial year 2025 (FY25) powered by a surge in construction activities and the influx of data centres into the country.

（吉隆坡 29日讯）富士通控股公司（FSBM Holdings Berhad，简称“富士通”或“该公司”）今日通过其独资持股的FSBM MES Elite私人有限公司宣布两项重磅消息，分别是与创业板上市公司联营工业集团（Unitrade Industries Berhad）子公司Syarikat L...

KUALA LUMPUR (May 28): FSBM Holdings Bhd’s (KL:FSBM) wholly owned subsidiary FSBM MES Elite Sdn Bhd has signed agreements related to business opportunities involving power backup solutions with Syarikat Logam Unitrade Sdn Bhd and T-Parus Trading Co Ltd.