KUALA LUMPUR (March 31): Here is a brief recap of some corporate announcements that made the news on Tuesday.

MyNews Holdings Bhd (KL:MYNEWS) posted a 5.2% rise in 1QFY2026 net profit to RM4.07 million, driven by new store openings and lower tax expense. Quarterly revenue climbed 10.5% to RM238.44 million, supported by 67 additional outlets, bringing its total to 699. The group expects further growth in FY2026, focusing on food research and economies of scale. — MyNews’ 1Q net profit up 5.2% on store expansion, reduced tax expense

HI Mobility Bhd (KL:HI) posted a 51.1% jump in 4QFY2026 net profit to RM15.22 million, driven by impairment reversals and higher interest income. Revenue rose 9.1% to RM82.43 million on stronger ridership. The group declared a one‑sen dividend, bringing FY2026 payout to four sen. Looking ahead, the group said it will pursue operational efficiency, service reliability, and expansion opportunities in Malaysia. — HI Mobility’s 4Q profit jumps 51% on impairment reversal, pays four sen dividend in FY2026

Poh Huat Resources Holdings Bhd (KL:POHUAT) posted its first quarterly loss since 2022, with 1QFY2026 net loss at RM6.4 million versus RM9.48 million profit a year earlier, as weaker US sales and a softer dollar hit margins. Revenue fell 34% to RM89.93 million. The group warned of tough conditions ahead and separately rejected Pangolin Asia Fund’s proposal to pay half of independent directors’ fees in shares, calling it repetitive and lacking a clear framework. — Poh Huat Resources posts first quarterly loss since 2022 on lower furniture sales, weaker US dollar

United Malacca Bhd (KL:UMCCA) reported a 2.2% drop in 3QFY2026 net profit to RM28.38 million from RM29 million a year earlier, weighed by weaker Indonesian operations and forex losses. Revenue held steady at RM180.89 million, while fresh fruit bunches output rose 21% to 130,649 tonnes. Looking ahead, the group expects higher FFB production, focusing on labour productivity, mechanisation, cost efficiency and oil yield. — United Malacca 3Q net profit slips 2.2% on weak Indonesia ops, rupiah

Citaglobal Bhd (KL:CITAGLB) has won a RM150 million JKR contract to design and build military family housing at the Royal Malaysian Navy’s MAWILLA 2 base in Sabah. The 40‑month project, awarded via competitive tender, covers permanent housing and facilities, with Citaglobal Land Sdn Bhd acting as integrated delivery partner. — Citaglobal bags RM150m Navy housing contract in Sabah, order book now at RM1.44b

 Southern Score Builders Bhd’s (KL:SSB8) 51%-owned unit, SJEE Engineering Sdn Bhd secured two electrical system contracts for data centres worth RM189 million. Project A, valued at RM150 million, is due Nov 30, while Project B adds RM39 million to an earlier award, bringing its total to RM115 million, with completion by Oct 30. — Southern Score Builders unit bags RM189m data centre electrical contracts

Infomina Bhd (KL:INFOM) has secured a three‑year RM68.92 million contract from the Immigration Department to provide technology infrastructure operations, maintenance, and support services. The award covers hardware and software upkeep at the immigration data centre, including licence renewals, preventive and corrective maintenance, and technical support. — Infomina lands RM69 mil immigration IT services contract

Keyfield International Bhd (KL:KEYFIELD) has signed an US$18 million (RM72.5 million) contract with China’s Fujian Mawei Shipbuilding and Fujian Funing Shipbuilding to build a 90‑tonne DP2 anchor handling tug supply vessel. The new AHTS unit will expand capacity, enabling Keyfield to pursue fresh tenders and spot charters without affecting existing commitments. — Keyfield signs RM73 mil shipbuilding contract with China's Fujian group

NCT Alliance Bhd (KL:NCT) is strengthening its NCT Smart Industrial Park with the RM53 million purchase of 176.71 acres of adjoining land in Kuala Langat. Acquired via NCT World Sdn Bhd’s 99.8% stake in Semanja Murni, the land will be integrated into the park to enhance infrastructure planning and support a GDV of RM1.5 billion. — NCT Alliance expands flagship industrial park with RM53 mil land acquisition

Boustead Heavy Industries Corp Bhd (KL:BHIC) plans to dispose of a 26‑acre leasehold land in Pulau Jerejak, Penang, for RM28 million. The buyer is Karya Koperat Sdn Bhd, a unit of Ark Resources Holdings Bhd (KL:ARK). BHIC will record a one‑off gain of RM14.39 million through its unit Boustead Penang Shipyard Sdn Bhd. — BHIC to dispose of Penang shipyard land, booking RM14.4 mil gain

Oppstar Bhd (KL:OPPSTAR) has secured a chip design contract worth nearly RM12 million from a Japanese client. The 20‑month project, signed with a Yokohama‑based venture and Silicon X Sdn Bhd, involves developing a reconfigurable AI chip. Oppstar said the collaboration expands its edge AI footprint and provides recurring income via licensing. — Oppstar secures RM11.7 mil contract to develop AI chip solution

Lotte Chemical Titan Holding Bhd (KL:LCTITAN) is being sued by Petroleum Logistics Services Sdn Bhd over revenue, profit and tax disputes tied to licence use for domestic sales. The writ of summons seek RM111.8 million in special damages, RM20.57 million for margin shortfall, RM18.44 million in tax indemnities, and compensation. — Lotte Chemical Titan sued for over RM100 mil in licensed sales dispute

Malakoff Corp Bhd (KL:MALAKOF) said it will not pursue new coal investments, leaning instead on gas as it transitions to renewables. Targeting a 30% cut in greenhouse gas emissions by 2031, the group said its strategy aligns with Malaysia’s net‑zero 2050 goal, balancing energy security, equity, and sustainability. — Malakoff Corp prioritises gas and RE, no new coal investment

British American Tobacco (Malaysia) Bhd (KL:BAT) said it may cut staff as part of workforce optimisation linked to its new distribution model starting July 1. Affected employees will receive statutory and contractual entitlements, including retrenchment benefits. BAT, which has 283 staff, did not disclose how many will be impacted. — British American Tobacco Malaysia to trim workforce as part of ‘optimisation’