KUALA LUMPUR (Dec 26): Here is a brief recap of some corporate announcements that made the news on Friday.

TRC Synergy Bhd (KL:TRC) has secured a RM550.8 million contract from SRS Consortium Sdn Bhd for the Penang LRT Mutiara Line. The  package includes viaduct guideways, stations, bridge girder launching, post-tensioning, grouting, and related works. SRS Consortium is a Gamuda Bhd (KL:GAMUDA)-led joint venture. — TRC Synergy clinches RM551m sub-package contract for Penang LRT Mutiara Line 

NationGate Holdings Bhd (KL:NATGATE) will acquire Valeo Malaysia CDA Sdn Bhd from French automotive supplier Valeo SE for RM60.89 million in cash. Valeo Malaysia manufactures plastic injection-moulded components, printed circuit board assemblies and automotive modules. NationGate said the deal supports its strategy to strengthen and expand its core business, broaden its customer base and secure direct access to key automotive end clients. — NationGate to acquire French automotive supplier Valeo’s Malaysian unit for RM61m

PETRONAS Gas Bhd (KL:PETGAS) has announced revised tariffs for gas transportation and regasification services under Regulatory Period 3 (RP3), which runs from January 2026 to December 2028. Approved by the Energy Commission, the Peninsular Gas Utilisation (PGU) transportation tariff is set at RM1.196 per gigajoule per day (GJ/day), with an allowed tariff of RM1.204 per GJ/day. The compression tariff for high-pressure gas supplied to Singapore has been fixed at RM1.609 per GJ/day, with an allowed tariff of RM1.592 per GJ/day. Meanwhile, the Regas Terminal Sungai Udang (RGTSU) tariff is RM3.542 per GJ/day, with an allowed tariff of RM3.540 per GJ/day, while the Regas Terminal Pengerang (RGTP) will charge RM3.142 per GJ/day, with an allowed tariff of RM3.103 per GJ/day. — PETRONAS Gas gets nod for revised RP3 gas transportation tariff

Gas Malaysia Bhd (KL:GASMSIA) said its base average tariff for natural gas distribution will rise to RM1.880 per GJ/day under RP3 (Jan 2026–Dec 2028). Its wholly-owned subsidiary, Gas Malaysia Distribution Sdn Bhd, will see its incentive-based regulation (IBR) tariff rise to RM2.114 per GJ/day, compared with RM1.568 previously. The approval excludes liquefied petroleum gas (LPG) supply. — Gas Malaysia announces higher gas distribution tariff

Resintech Bhd (KL:RESINTC) has secured a RM16.07 million contract to supply plastic water pipes and fittings in Cambodia. Awarded to its unit Resintech Plastics (M) Sdn Bhd by Phnom Penh Water Supply Authority, the five-month deal marks its second win under Bakheng Project Phase 3 after a RM16.5 million award in September. — Resintech bags second water pipe supply contract in Cambodia

Tanco Holdings Bhd's (KL:TANCO) 79%-owned Midports Holdings Sdn Bhd appointed Hong Kong-based Ocean Bridge International Ports Management Co Ltd to operate its proposed smart artificial intelligence (AI) container port in Port Dickson. — Tanco appoints Hong Kong's Ocean Bridge to operate smart AI port in Port Dickson