Cahya Mata Sarawak, AEON Credit, DRB-HICOM, Maxim Global, K Seng Seng, MTT Shipping, Sinaran Advance, Sersol, AWC, Empire Premium Food, U Mobile, Telekom, Uzma. 07 Apr 2026, 11:20 pm KUALA LUMPUR (April 7): Here is a brief recap of some corporate announcements that made the news on Tuesday. Cahya Mata Sarawak Bhd's (KL:CMSB) deputy chairman Datuk Seri Mahmud Abu Bekir Taib has filed a lawsuit against the company over being allegedly blocked from board meetings. The lawsuit, which also names 10 other parties, was filed in the High Court on April 2, according to a filing with Bursa Malaysia. Mahmud Abu Bekir is seeking judicial declarations and orders concerning his directorship, including confirmation that he is only considered to have a conflict of interest when ongoing legal matters are discussed at board meetings. - Cahya Mata Sarawak deputy chairman Abu Bekir sues company over alleged board meeting exclusion AEON Credit Service (M) Bhd (KL:AEONCR) posted a rise in net profit at 10.2% in the fourth quarter on stronger loan and financing growth, coupled with lower impairment losses on financing receivables. Net profit for the three months ended Feb 28, 2026 (4QFY2026), increased to its highest quarterly profit since 1QFY2023 at RM144.3 million from RM130.97 million a year earlier while revenue rose 9.8% to RM631.46 million from RM575.04 million, according to a bourse filing. The group declared a final dividend of 15.75 sen per share and a special dividend of two sen per share. - AEON Credit declares special dividend as quarterly profit hits three-year high DRB-HICOM Bhd (KL:DRBHCOM), which finalised its takeover of Spirit AeroSystems' Malaysian operations four months ago, announced an additional purchase price adjustment of US$600,563 (RM2.42 million). The group said its wholly-owned aerospace unit, Composites Technology Research Malaysia Sdn Bhd, reached an agreement with the sellers on the post-completion adjustment, lifting the total acquisition cost to US$111.22 million (RM452.21 million) from the US$110.62 million paid at completion on Dec 8, 2025. - DRB-HICOM to pay additional post-acquisition amount for Spirit AeroSystems' Malaysian ops Sim Keng Chor has ceased to be a substantial shareholder of property developer Maxim Global Bhd (KL:MAXIM), according to an exchange filing. Maxim disclosed that Sim's private investment vehicle Sanlens Sdn Bhd, which he shares with his sons, disposed of 32.33 million shares, representing a 4.38% stake, through a direct business transaction on Monday. Based on Maxim's latest annual report, Sim previously held a 6.12% interest in the company via Sanlens. Following the disposal, his shareholding has been reduced to 1.74%, or 12.8 million shares. - Unitrade's vice-chairman Sim Keng Chor ceases to be substantial shareholder of Maxim Global K Seng Seng Corporation Bhd (KL:KSSC) saw Samuel Ng Heng Hong emerge as a substantial shareholder after a block was bought from the company's former executive chairman Datuk Keh Chuan Seng and the Chiau brothers. In a filing, KSSC said Ng's investment vehicle Euro Chain acquired 65 million shares or a 30.1% stake in the group including from the company's largest shareholder Frazel Group Sdn Bhd, owned by Keh and Datin Cheong Kai Meng. - Controlling shareholder of Eurospan emerges as substantial shareholder of K Seng Seng MTT Shipping and Logistics Bhd set its final retail price for its initial public offering (IPO) at RM1.03 apiece. In a bourse filing, its adviser CIMB Investment Bank said this was decided following the completion of the bookbuilding process under the institutional offering on Monday. The retail offering closed on April 3. Main Market-bound MTT Shipping is scheduled for listing on April 21, making it the country's largest logistics-linked IPO in 13 years. - MTT Shipping fixes final IPO retail price at RM1.03 Sinaran Advance Group Bhd (KL:SINARAN) has proposed a plan to reduce its share capital in order to eliminate RM33.6 million in accumulated losses. The ACE Market-listed company reported an issued share capital of RM46.7 million as of March 18. This comprised 1.05 billion ordinary shares and 457.48 million outstanding warrants, exercisable into an equivalent number of new shares at 12 sen each. At the consolidated level, the group had accumulated losses of RM31.86 million as of December 31, 2025. Following the capital reduction, Sinaran Advance will have retained earnings of RM1.62 million. - Sinaran Advance plans RM33.6m share capital reduction to eliminate losses Sersol Bhd (KL:SERSOL) has won a RM15.62 million contract from Zetrix AI Bhd (KL:ZETRIX) to supply the latter with hardware and software services. The agreement was signed by its 51%-owned subsidiary, Sersol E-Solutions Sdn Bhd, to supply hardware products and provide a 12-month software subscription to Zetrix AI, along with support services. Sersol E-Solutions's job scope includes maintaining the software, which includes carrying out necessary corrections and repairs to ensure it remains fully operational as per the scope of the contract. - Sersol bags RM15.62m job to supply Zetrix with hardware, software services AWC Bhd (KL:AWC) bags a RM22.18 million contract to undertake plumbing, silo tank and internal sanitary works in a date centre project. In a bourse filing, the group said the contract was awarded by a Malaysia-incorporated joint venture between two private companies involved in civil engineering, construction and project management, which includes large-scale infrastructure and specialised facilities. The joint venture could not be identified due to confidentiality and non-disclosure obligations tied to the project. - AWC wins RM22 mil plumbing works job for data centre project Empire Sushi chain operator Empire Premium Food Bhd saw overwhelming demand for its initial public offering (IPO), with the public portion oversubscribed by 23.3 times ahead of its Main Market debut on April 17. In a filing, the group said its IPO recorded a total subscription rate of 24.3 times, with demand totalling 1.336 billion shares for 55 million new shares made available to the Malaysian public. The Bumiputera portion was oversubscribed by 13.34 times, while the non-Bumiputera portion was oversubscribed by 33.25 times. - Empire Sushi chain owner's IPO shares oversubscribed by 23.3 times U Mobile Sdn Bhd is finalising its collaboration with Telekom Malaysia Bhd (KL:TM), following the signing of a 5G access agreement between both parties in February this year. U Mobile chief technology officer Woon Ooi Yuen said the company has started discussions with TM on the matter and that the companies are working towards implementing the partnership. However, he did not disclose the timeline. - U Mobile says finalising access for TM as it unveils new ULTRA5G network Uzma Bhd (KL:UZMA) has secured a letter of award from EnQuest Petroleum Production Malaysia Ltd to provide well intervention and project management services for two years. The contract is valued at about RM60 million and covers a two-year period. Under the deal, Uzma's unit Setegap Ventures Petroleum Sdn Bhd will be responsible for the provision, supply and maintenance of tools, equipment and accessories and spare parts for well intervention services for the 2026/2027 EnQuest Well Intervention Programme (Package A8). - Uzma bags RM60 mil EnQuest contract for well intervention services Edited By S Kanagaraju

Airbus leverages Wire-DED to produce large titanium aircraft parts. European multinational aerospace corporation Airbus is adopting wire-Directed Energy Deposition (w-DED), a 3D printing technique, to manufacture large titanium components for its aircraft. Unlike other 3D printing technologies, w-DED is practical for producing structural parts of substantial size because it builds components layer by layer from titanium wire, minimizing material waste, shortening production time, and allowing engineers to create complex, near net-shape parts without traditional forging or extensive machining. Wire-DED uses a multi-axis robotic arm to melt titanium wire with energy sources such as lasers, plasma, or electron beams, depositing material layer by layer to form a "blank" that closely resembles the final component. Unlike powder-bed systems, which are limited to small parts and slower deposition rates, w-DED can produce structural components up to seven meters long at several kilograms per hour. This combination of scale and speed makes it viable for industrial-scale production of large airframe parts while minimizing titanium waste. Traditional titanium forging generates substantial material waste, with up to 95% of the purchased metal recycled rather than incorporated into the final part. By producing components close to their final shape, w-DED significantly reduces this inefficiency. The process also accelerates development: while conventional forging requires years and costly tooling, w-DED parts can be produced in weeks directly from digital designs. Airbus engineers note that the technology "will be of immediate benefit to the successful and timely construction of the first development aircraft, especially while the final detailed component designs are being tweaked and optimised, right up to the point when the first aircraft starts to take physical shape." While w-DED shows significant potential for large titanium structures, components still require post-machining to achieve final tolerances, and full certification for critical airframe parts remains in progress. These factors position the technology as a practical, yet currently constrained, production method compared to other methods. Airbus has begun integrating w-DED parts into the A350's Cargo Door Surround area. These plasma-printed components were ultrasonically inspected, machined, and installed in production aircraft. Functionally and geometrically identical to forged parts, they provide immediate cost savings and reduced lead times. Looking ahead, Airbus plans to expand w-DED to critical applications, including wings and landing gear. Airbus and its partners are testing multiple energy sources, including plasma, arc welding, electron, and laser beams, and evaluating in-house versus outsourced production. Industry Adoption of Wire-DED Airbus's adoption of wire-fed Directed Energy Deposition reflects the technology's proven ability to produce large, high-performance metal components efficiently. While powder-bed systems remain well-suited for smaller, detailed parts, wire-fed DED is now being applied where size, production speed, and material efficiency are critical. Spirit AeroSystems partnered with Norsk Titanium to produce titanium parts for Boeing aircraft using Rapid Plasma Deposition (RPD), a wire-fed DED variant, demonstrating the technology's effectiveness for large-scale aerospace applications. Meltio applied wire-laser DED systems across aerospace, defense, and automotive sectors in the first half of 2025 to reduce lead times, cut material waste, and produce reliable metal parts on demand. Additionally, the NMIS-led hybrid DED development project, involving Airbus and Safran Landing Systems, focuses on refining DED methods to overcome cost and lead-time constraints. These examples confirm that wire-fed DED is already a practical and reliable method for producing large, high-value components, supporting Airbus's implementation of the technology for structural titanium parts. Do you operate a 3D printing start-up? Reach readers, potential investors, and customers with the 3D Printing Industry Start-up of Year competition. Featured image shows w-DED parts into the A350's Cargo Door Surround area. Photo via Airbus.

Boeing closes US$4.7 billion Spirit deal. Boeing closed its US$4.7 billion acquisition of Spirit AeroSystems, taking over the supplier's Boeing-related commercial operations and portions of its Belfast facilities. Airbus said it has completed the purchase of Spirit units tied to its programs and confirmed that facilities in Subang, Malaysia, were transferred to Composites Technology Research Malaysia. Spirit's Fiber Materials subsidiary had been sold earlier in the year to Tex-Tech Industries. Boeing said the Belfast operations it acquired will operate "as an independent subsidiary branded as Short Brothers." Airbus said it will assume responsibility for operations in North Carolina, Northern Ireland, Scotland, France, and Morocco. The company added that it will receive "US$439 million in compensation as part of the transaction." The combined value of the broader breakup and sale process, announced in July of last year, was US$8.3 billion. The transactions give both planemakers direct control over production segments tied to delays in Boeing's 737 MAX program and Airbus' A350 and A220 programs. Boeing said reducing quality problems in 737 fuselages "has been a key focus" as it works to stabilize production. Both manufacturers have provided financial support to Spirit in recent years. Spirit was created in 2005 when Boeing sold its Kansas and Oklahoma operations to Onex. The company's 737 fuselages are built in Wichita and shipped by rail to Boeing's Renton, Washington, assembly plant. Spirit later expanded into Africa, Asia, Europe, and additional US sites to diversify its customer base. In early December, the Federal Trade Commission approved the Boeing transaction with conditions, stating it would allow the deal to proceed "as long as Boeing carried out the divestments negotiated earlier this year" and ensured Spirit remained a supplier for competitors in future military aircraft programs. The agency warned that without these measures, Boeing could gain "unfair influence over competition." The European Commission approved the deal in October after Boeing agreed to sell specific Spirit assets to address competition concerns. About 15,000 Spirit employees will join Boeing. The transition may affect labor dynamics if roughly 6,000 members of the International Association of Machinists and Aerospace Workers at Spirit rejoin District 751 - the bargaining unit they left when Boeing divested the operations in 2005. Boeing production was halted for seven weeks last year during a District 751 strike in the Pacific Northwest.