KUALA LUMPUR (Dec 15): Here is a brief recap of the key corporate news and announcements on Monday:

Poh Kong Holdings Bhd (KL:POHKONG) posted an 85.6% surge in 1QFY2026 net profit to RM39.61 million, driven by higher gold prices and robust jewellery demand. Revenue rose 33.6% to RM439.94 million, with margins improving to 25%. The jeweller expects Malaysia’s resilient gold sector to benefit from a continuing bull run into 2026. — Poh Kong posts 85.6% surge in 1Q profit, sees continued gold bull market

Binastra Atlantic Sdn Bhd, jointly owned by Binastra Corp Bhd (KL:BNASTRA) with an effective 51% stake and Solarvest Holdings Bhd (KL:SLVEST) with 49%, has secured RM171.7 million in contracts for three LSS5 solar projects. Awarded by Maya Jaya Sdn Bhd, the contracts are deemed recurrent related party transactions involving Binastra’s managing director and major shareholder, Datuk Tan Kak Seng. — Binastra-Solarvest JV bag RM171.7 mil EPCC job for large-scale solar plant projects

Ann Joo Resources Bhd (KL:ANNJOO) has signed two joint venture agreements (JVAs) with Transyear Sdn Bhd to develop the 207-acre Gurun Heavy Industrial Park in Kedah, with GDV exceeding RM203 million. The estimated total cost attributable to GHIP, including land, amounts to RM82.2 million. — Ann Joo partners Transyear to develop RM203m Gurun Industrial Park

Lianson Fleet Group Bhd (KL:LFG) has made board changes tied to its controlling shareholders. Lim Chern Wooi was redesignated managing director, while his brother Lim Chern Yuan became non-independent, non-executive chairman. Both are sons of Lianson's controlling shareholders Lim Han Weng and Bah Kim Lian, who collectively hold 70.39% of Lianson, previously known as Icon Offshore Bhd. — Yinson group CEO Lim Chern Yuan is now Lianson's non-executive chairman

Pasukhas Group Bhd (KL:PASUKGB) has secured a RM63.6 million contract to build a Johor Bahru data centre via Midtown Engineering Sdn Bhd, appointed by a major US tech corporation. Worth 5.6 times its market cap, the project runs from Jan 1, 2026 until Jan 30, 2027. — Pasukhas bags RM64m data centre construction job in JB

Minority shareholders of Turiya Bhd (KL:TURIYA) have rejected the proposed RM135 million acquisition of Wisma Sentral Inai from Sentral REIT, blocking resolutions at an EGM. Following the vote, Turiya said it will dispose of its entire stake in Turiya Properties Sdn Bhd — set up to acquire the building — to chairman Datuk Seri Shamir Kumar Nandy for RM100,000. Shamir plans to complete the acquisition on his own. — Turiya shareholders block Wisma Sentral Inai deal; chairman Shamir to take over property unit to complete deal