This article first appeared in Capital, The Edge Malaysia Weekly on February 9, 2026 - February 15, 2026

From Jan 26 to 30, notable filings on shareholding changes at Bursa Malaysia-listed companies included those at Reservoir Link Energy Bhd (KL:RL). Its largest shareholder, Propel Global Bhd (KL:PGB), acquired 18.69 million shares in the energy-related services provider on Jan 23, raising its stake to 13.95%, or 53.15 million shares.

On the same day, Reservoir Link’s executive deputy chairman Thien Chiet Chai acquired one million shares, raising his direct interest in the company to 7.95%, or 30.31 million shares. He is deemed interested in an 8.63% stake.

On Jan 20, Reservoir Link announced that it had secured multiple work orders from Roc Oil (Sarawak) Sdn Bhd from 2025 to 2029. The total contract value will be determined based on the actual work carried out. The group posted a net profit of RM29.47 million for the financial year ended June 30, 2025, compared with a net loss of RM836,000 a year earlier.

Elsewhere, Oxford Innotech Bhd’s (KL:OXB) managing director and largest shareholder Ng Thean Gin acquired 13 million shares in the integrated engineering solutions provider at its initial public offering price of 29 sen, or RM3.77 million in total, in an off-market transaction on Jan 30. The transaction price is above the stock’s closing price of 24.5 sen on that day.

The seller is presumably executive director Teh Teng Wah, who disposed of the same number of shares that day. Ng now holds a 29.57% direct stake and 14.68% indirect stake in the Penang-based company, which debuted on the ACE Market on July 29 last year. Teh has an 11.17% direct stake.

On Jan 26, the company said its wholly-owned subsidiary, CG Solutions Enterprise Sdn Bhd, had accepted a letter of award from the Singapore office of an Australia-based data centre and computer room infrastructure specialist to supply precision steel components for data centre airflow management solutions, valued at RM4.8 million.

Meanwhile, Ge-Shen Corp Bhd (KL:GESHEN) saw its third-largest shareholder Enrich Signature Sdn Bhd — the investment vehicle of brothers Chiau Haw Loon and Chiau Haw Yew — acquire 8.24 million shares in the precision engineering and manufacturing services provider on Jan 23 in a direct business transaction. This raised Enrich Signature’s stake to 8.98%, or 36.34 million shares.

On the same day, Frazel Group Sdn Bhd sold the same amount of shares, leaving it with a 15.19% stake, but still Ge-Shen’s second-largest shareholder.

The Chiau brothers are the sons of Chin Hin Group Bhd (KL:CHINHIN) founder Datuk Seri Chiau Beng Teik.

Last November, Ge-Shen reported a solid 70% rise in net profit to RM5.32 million for its third quarter ended Sept 30, 2025, boosted by the performance of its 40%-owned electronics manufacturing services company Local Assembly Sdn Bhd, cost control and data-driven production improvements.

Meanwhile, in another development, Beng Teik sold 5.65 million shares in Chin Hin Group for RM12.99 million, or RM2.30 apiece, in an off-market transaction on Jan 23. The disposal left him with a direct stake of 22.5%, or 796.42 million shares, in the builder and property developer.

Later, on Jan 27, Chin Hin Group sold 2.3 million shares in its subsidiary Chin Hin Group Property Bhd (KL:CHGP) in an off-market transaction. It now has a 58.89% stake, or 815.74 million shares, in the property developer.

The Armed Forces Pension Fund (LTAT) sold 5.29 million shares in Affin Bank Bhd (KL:AFFIN) on Jan 28, leaving it with a 21.8% stake, or 552.35 million shares, in the country’s second-smallest banking group by assets.

LTAT remains its third-largest shareholder following the transaction, which took place amid a 21.1% gain in the counter over the last five months.

Affin Bank’s shares closed two sen lower at RM2.70 that day, giving the lender a market capitalisation of RM6.84 billion. The Sarawak government is its largest shareholder, with total holdings of 31.25%.

Elsewhere, Farm Fresh Bhd’s (KL:FFB) second-largest shareholder, the Employees Provident Fund, acquired a total of 2.64 million shares in the producer of dairy products from Jan 22 to 27. The move, which occurred at a time when the shares were trading near their highest levels since being listed on the Main Market in March 2022, raised EPF’s stake to 10.72%, or 202.02 million shares.

Its fifth-largest shareholder, Retirement Fund Inc (KWAP), acquired and sold shares in Farm Fresh from Jan 27 to 29, leaving it will a total interest of 8.8%, or 165.85 million shares.

At the time of writing (Feb 3), shares in Farm Fresh had risen 69.4% over the past 12 months to close at RM2.93, giving the company a market value of RM5.52 billion. It closed at a record high RM2.99 on Jan 27. 

Save by subscribing to us for your print and/or digital copy.

P/S: The Edge is also available on Apple's App Store and Android's Google Play.