Trading ideas: SLGC, Taghill, RT Pastry, Rohas, SD Guthrie, TSH, Heitech, OpenMove, Big Caring, JFTech, Axis REIT, BAT, Mi, Chin Teck

Stocks to Watch: Big Caring IPO, Axis REIT, BAT Profit

Quick Answer: Fourteen Bursa-listed companies made headline announcements, led by Big Caring Group Bhd‘s RM2.0bn IPO at RM1.08 per share and Taghill Holdings Bhd‘s RM166.0mn contract. Earnings were mixed: Axis Real Estate Investment Trust‘s net profit rose to RM54.8mn, while British American Tobacco (Malaysia) Bhd‘s fell 66.5% to RM2.4mn. Each announcement affects shareholders differently, from new contracts to JF Technology Bhd‘s proposed 388.0mn free warrants.

Bursa Malaysia stocks to watch range from construction wins and land deals to a record quarter and Malaysia’s second-largest listing this year. Here are the numbers behind each one.

How Big Is SLGC’s RM50.2mn Win Among Bursa Malaysia Stocks to Watch?

Bursa Malaysia stocks to watch: SLGC, Taghill, RT Pastry, Rohas, SD Guthrie, TSH, Heitech, OpenMove, Big Caring, JFTech, Axis REIT, BAT, Mi, Chin Teck
Corporate announcements from Bursa Malaysia-listed companies in this roundup

SLGC Bhd secured an engineering, procurement and construction contract from ALH Construction Sdn Bhd worth RM50.2mn. The announcement does not disclose the contract’s margin or duration.

Is Taghill’s RM166.0mn Penang Contract the Roundup’s Largest Win?

Taghill Holdings Bhd‘s wholly-owned subsidiary, Taghill Projects Sdn Bhd, secured a RM166.0mn contract from Exsim Waterfront Sdn Bhd. The job is a commercial development in George Town, Penang, and is over three times SLGC’s RM50.2mn deal.

Why Is RT Pastry Buying Seri Kembangan Land for RM22.0mn?

RT Pastry Holdings Bhd is proposing to acquire two industrial land parcels in Seri Kembangan, Selangor, from Koh Lean Chong & Sons (M) Sdn Bhd for RM22.0mn. The announcement does not give the parcels’ size, so the land’s scale remains unclear.

What Does Rohas Tecnic’s Centrix Stake Cost?

Rohas Tecnic Bhd has entered a conditional share sale agreement to acquire a 51.0% stake in Centrix Engineering (M) Sdn Bhd from Chin Kok You for up to RM14.3mn in cash. The deal is not complete until the conditions are met.

What Is SD Guthrie’s 657.1ha Bukit Kerayong Joint Venture?

SD Guthrie Bhd signed a joint venture with Bumi Assets Sdn Bhd and YTL Power International Bhd to develop 657.1ha of freehold land in Bukit Kerayong, Selangor. It is the only announcement in this roundup measured in hectares, and no project value was given.

Does TSH Resources Have Links to the Indonesia Fire Probe?

TSH Resources Bhd said its review of records to date has not identified any business relationship with any of the 10 companies named by Singapore’s National Environment Agency over forest and peatland fires in Indonesia. The phrase “to date” limits the statement to records reviewed so far.

What Did Heitech Clarify About Its Zetrix AI Agreement?

Heitech Padu Bhd clarified that its Teaming Agreement with Zetrix AI Bhd, entered into on April 16, 2024, was an interim collaboration. The goal is to explore potential opportunities to provide information technology services in Malaysia.

What Is OpenMove AI’s Quantum-Safe Cybersecurity MoU?

OpenMove AI Bhd, formerly known as Rexit Bhd, has entered into an MoU with Australia’s Quintessence Labs Pty Ltd. The pact explores opportunities in quantum-safe cybersecurity solutions, and no financial value was disclosed.

How Many Free Warrants Is JF Technology Offering?

JF Technology Bhd has proposed issuing up to 388.0mn free warrants to existing shareholders. The warrants give holders the option to buy more shares in the semiconductor test equipment maker over the next five years, so the 388.0mn figure is the key number to track for dilution.

Is Big Caring’s RM2.0bn IPO Priced at 42.0 Times Earnings?

Big Caring Group Bhd is looking to raise RM2.0bn in Malaysia’s second-largest listing this year. The IPO is priced at RM1.08 per share, giving a market capitalisation of RM8.0bn upon listing and a valuation of about 42.0 times trailing earnings. Comparing that multiple with listed peers is worth monitoring. Read more about IPO Investing with M+ Global.

Did Axis REIT’s 3QFY26 Net Profit Rise?

Axis Real Estate Investment Trust posted a higher net profit of RM54.8mn for 3QFY26 ended Sept 30, 2026, compared to RM52.1mn in the same period last year. That is an increase of about 5.2% year on year.

Why Did BAT Malaysia’s Net Profit Drop 66.5%?

British American Tobacco (Malaysia) Bhd‘s net profit dropped 66.5% to RM2.4mn for 3QFY26 from RM7.0mn a year earlier. The drop came amid higher restructuring expenses.

What Drove MI Technovation’s Record RM66.8mn Quarter?

MI Technovation Bhd posted record earnings of RM66.8mn in 3QFY26, driven by higher sales volume, improved average selling prices and an optimised product mix. It is the only record-earnings report in this roundup.

Why Did Chin Teck Plantations’ Profit Fall 68.6%?

Chin Teck Plantations Bhd reported a 68.6% drop in net profit to RM36.6mn. Lower palm product sales and the absence of a sizeable land disposal gain recorded by its associate a year earlier dragged the figure down.

Key Takeaways

  • Big Caring’s RM2.0bn IPO at RM1.08 per share is the largest figure in this roundup, valuing the company at about 42.0 times trailing earnings.
  • Taghill’s RM166.0mn contract is the largest contract win, over three times SLGC’s RM50.2mn deal.
  • Axis REIT’s net profit rose about 5.2% year on year to RM54.8mn, while BAT’s fell 66.5% and Chin Teck’s fell 68.6%.
  • MI Technovation posted record 3QFY26 earnings of RM66.8mn.
  • JF Technology’s proposal for up to 388.0mn free warrants is the key number to track for dilution.

This article is for information only and is not investment advice. Do your own research and read each company’s official Bursa Malaysia announcement before making any decision.

Frequently Asked Questions

What is Big Caring’s IPO price?

Big Caring Group Bhd’s IPO is priced at RM1.08 per share. It gives the company a market capitalisation of RM8.0bn upon listing and a valuation of about 42.0 times trailing earnings.

Did Axis REIT’s net profit increase in 3QFY26?

Yes. Axis Real Estate Investment Trust posted a net profit of RM54.8mn for 3QFY26 ended Sept 30, 2026, up from RM52.1mn in the same period last year.

Why did BAT Malaysia’s net profit fall 66.5%?

British American Tobacco (Malaysia) Bhd’s net profit fell 66.5% to RM2.4mn for 3QFY26 from RM7.0mn a year earlier. The company cited higher restructuring expenses.

Can I apply for Big Caring’s IPO more than once?

No. Only one application per IPO is allowed, and multiple applications are an offence under the Capital Markets and Services Act 2007. Online applications need a direct CDS account in your own name.


Source: View Original Article — The content is based on the original publisher. Refer to the original content for accurate info. Contact us for any changes.


Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always do your own research before making investment decisions.

Want to invest in Bursa Malaysia or US markets? Contact Dexter Chia, an AI Driven Remisier who has 2,200+ clients at Malacca Securities Sdn Bhd (M+ Global). M+ Global Invitation Code: UBZQ | WhatsApp: +60169059789 | Why Choose Dexter?

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