Trading ideas: Gamuda, Ecomate, Dialog, Powerwell, Southern Score, Inspace, Frontken, Winstar, Kelington, Excel Force, Straits Energy, Pekat, CTOS, M&A Equity

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

Gamuda Bhd joint venture with Australia's B.M.D Constructions Pty Ltd has secured a A$624.0mn (RM1.8bn) contract from Transport for New South Wales for the Elizabeth Drive Upgrade – Mamre Road Upgrade Stage 2 project in Western Sydney.

Ecomate Holdings Bhd has received a purchase order from a customer for the subscription of 336 units of software licences for a period of 60 months, worth RM16.7mn.

Dialog Group Bhd has secured final investment decision approval from Petroliam Nasional Bhd for a US$81.0mn cluster development and abandonment plan.

Powerwell Holdings Bhd has secured two purchase orders worth a combined RM190.4mn to supply low-voltage switchgear and related equipment for a data centre project in Johor.

Southern Score Builders Bhd 51.0%-owned subsidiary SJEE Engineering Sdn Bhd has secured a RM40.0mn subcontract for electrical works at a data centre project in Nilai, Negri Sembilan.

Inspace Creation Bhd indirect wholly-owned subsidiary IDPM Builder Sdn Bhd has secured a RM34.8mn subcontract for renovation works on commercial properties.

Frontken Corporation Bhd’s subsidiary Ares Green Technology Corporation is acquiring industrial land and factory buildings in Tainan City, Taiwan, from Ginwin Technology Co Ltd for RM118.2mn.

Winstar Capital Bhd proposes to issue a RM300.0mn sukuk to finance investments and land acquisition, as well as to refinance existing loans.

Kelington Group Bhd has partnered Tata Electronics to support the development of the latter's US$11.0bn semiconductor fabrication facility in Dholera, Gujarat, India.

Excel Force MSC Bhd has proposed a private placement to raise up to RM11.0mn for working capital and a software project.

Straits Energy Resources Bhd has proposed a RM90.0mn reduction of its issued share capital to partially offset its accumulated losses, which stood at RM101.9mn as at June 30, 2026.

Pekat Group Bhd wholly-owned subsidiary Pekat Teknologi Sdn Bhd has entered into a conditional agreement to lease about 470 acres of land in Sungai Petani, Kedah, for renewable energy development.

CTOS Digital Bhd has appointed Putri Norlisa Najib as an independent non-executive director, effective Sept 25.

M&A Equity Holdings Bhd non-executive director Thong Mei Chuen has been redesignated as non-executive chairperson, effective Sept 22.