Trading ideas: MN, AME Elite, Hektar REIT, Inta Bina, Hextar Retail, Industronics, Econframe, United Asiapac, Hup Seng, Well Chip

TheStar Tue, Aug 11, 2026 08:22am - 1 month View Original


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

MN Holdings Berhad’s unit MN Utilities Engineering Sdn Bhd, in a joint venture with Pembinaan Tajri Sdn Bhd, has secured a RM122.3mn contract from Tenaga Nasional Bhd to install a new 132-kilovolt underground cable system in Penang.

AME Elite Consortium Bhd will construct a 220,000sf. manufacturing facility in Iskandar Puteri, Johor, for HYA Industry (Malaysia) Sdn Bhd. The plant will focus on the research, development, and production of aerospace components and medical orthopaedic implant forgings.

Businessman Datuk Eddie Ong Choo Meng has ceased to be a substantial unitholder of Hektar Real Estate Investment Trust. Ong disposed of 7.1mn units via the open market on 7 August 2026, trimming his unitholding to 4.998%.

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