KUALA LUMPUR (Jan 30): Here is a brief recap of some business news and corporate announcements that made the headlines on Friday:

Westports Holdings Bhd’s (KL:WPRTS) net profit for the fourth quarter ended Dec 31, 2025 (4QFY2025) rose 6.4% to RM273.11 million as container revenue growth offset an increase in operating expenses. Revenue for the quarter was RM1.06 billion, an increase of 11% when compared to the same period last year. A second interim dividend of 11.92 sen per share was also declared. — Westports reports 6.4% rise in 4Q net profit, declares 11.92 sen dividend

Malakoff Corporation Bhd (KL:MALAKOFF) said the Energy Commission has given the nod for its three gas power plants with an aggregate capacity of 2,082MW to continue operations until Dec 31, 2029. The extensions cover the two plants in Lumut, Perak — the 1,303MW Combined Cycle Gas Turbine (CCGT) power plant owned by Segari Energy Ventures Sdn Bhd (SEV) and the 429MW Open Cycle Gas Turbine (OCGT) power plant owned by GB3 Sdn Bhd (GB3) — as well as the 350MW CCGT Prai Power Plant in Pulau Pinang, owned by Prai Power Sdn Bhd (PPSB). — Malakoff gets extension till Dec 2029 for operations of three gas power plants

MISC Bhd (KL:MISC) said a consortium comprising the company and Kawasaki Kisen Kaisha, Ltd has secured a 10-year time charter for a newbuild 12,000-cubic-metre liquefied carbon dioxide (LCO2) carrier. MISC did not disclose the value of the charter agreement. The charter agreement was executed on Jan 29, 2026, with Northern Lights JV DA, with a second vessel expected to be awarded in April 2026. The new LCO2 carriers are scheduled for delivery between the second half of 2028 and the first half of 2029. — MISC consortium wins long-term liquefied carbon dioxide carrier charter

Pekat Group Bhd’s (KL:PEKAT) unit has secured a 21-year power purchase agreement from an industrial energy off-taker to develop a 25 megawatt solar photovoltaic (PV) facility with a 40MWh battery energy storage system (BESS) in Pahang, with the project valued at about RM239 million. The project will commence in October 2026, subject to the satisfaction of conditions precedent and the timely completion of construction. — Pekat unit secures 21-year PPA for RM239 mil solar PV, BESS project in Pahang

Hartanah Kenyalang Bhd (KL:HKB) has secured its largest contract to date worth some RM275 million to build a prison in Sibu. The design-and-build contract will run for three years beginning Feb 9, 2026 until Feb 8, 2029, and was awarded by the Public Works Department to its wholly-owned subsidiary Hartanah Construction Sdn Bhd. — Hartanah Kenyalang gets RM275 mil job to build Sibu prison

GDB Holdings Bhd (KL:GDB) has secured two road construction contracts in Sarawak worth a combined RM121.4 million. The projects, awarded by Bina Muhibbah Permajaya Construction Sdn Bhd, mark GDB's strategic entry into the East Malaysian market. The first contract, valued at RM54.4 million, involves road development works across the Simunjan and Samarahan districts, while the second contract, worth RM67 million, covers the construction of a new single carriageway road, including earthworks, drainage and ground improvement works across the Kuching and Samarahan divisions. — GDB wins RM121m Sarawak infrastructure jobs, marks maiden entry into East Malaysia

Carlo Rino Group Bhd (KL:CARLORINO) has proposed to transfer its listing from the ACE Market to the Main Market of Bursa Malaysia. The company said it has met requirements under the Securities Commission Malaysia’s equity guidelines, including the profit track record and financial position criteria, and expects to complete the move in the second half of this year. — Fashion retailer Carlo Rino eyes Main Market transfer by 2H2026

SDS Group Bhd (KL:SDS) is buying a 14.3-hectare land in Johor Bahru for RM101.7 million from Kempas Green Development Sdn Bhd, a firm majority-owned by Toh Thim Leong, to build a new manufacturing facility. The property is situated directly opposite its existing operational facilities. — SDS Group to buy Johor Bahru land for RM102 mil to build new factory

MTAG Group Bhd (KL:MTAG) has proposed to acquire a parcel of 7.54-hectare vacant land in Johor Bahru for RM53.58 million in cash from Grand Focus Sdn Bhd to boost its manufacturing capabilities and production capacity. About one-third of the freehold land will be used for its own manufacturing and operational needs, and the remainder may be retained for future development or rental. — MTAG to buy 7.5ha land in Johor Bahru for RM53.6 mil to expand industrial footprint

Harvest Miracle Capital Bhd (KL:HM) is selling its plantation unit, Gemumi Multi Plantation Sdn Bhd, for RM51.6 million to Ree Fong Agriculture Sdn Bhd. The sale represents a business portfolio optimisation move, Harvest Miracle said, to enhance long-term shareholder value. — Harvest Miracle to sell plantation unit for RM51.6 mil

Steel Hawk Bhd's (KL:HAWK) unit has secured RM41.34 million sub-contracts involving electrical infrastructure works for Tenaga Nasional Bhd (KL:TENAGA). The contracts involve underground cabling, substations construction and upgrading works, among others. — Steel Hawk bags RM41.34 mil electrical infrastructure works for Tenaga