Stocks to Watch: Maybank, Yinson, Poh Kong and more

MAYBANK has sold its entire 19.16% stake in Alam Maritim Resources on last Thursday, ceasing to be a substantial shareholder. The stake was acquired through a debt settlement scheme in September 2025.

YINSON’s 4QFY2026 net profit plunged 64.5% y-o-y to RM228 million due to absence of one-off gains and tax credits, while revenue fell 34.7% to RM1.12 billion. The company declared a final dividend of 1 sen per share. Full-year net profit dropped 45.32% to RM683 million, with revenue declining 28.47% to RM5.44 billion.

POHKONG ‘s 2QFY2026 net profit surged 60.6% y-o-y to RM47.54 million, fueled by strong demand for gold investment products amid rising global gold prices. Revenue increased 15% to RM528.84 million. No dividend was declared.

CYPARK posted its third consecutive quarterly net loss of RM17 million in 3QFY2026, compared to a RM8.76 million profit a year ago, mainly due to the absence of provision reversals and settlement income. Revenue rose 8.9% y-o-y to RM43.2 million. No dividend was declared.

Stocks to Watch

PERDANA has proposed a RM600 million share capital reduction to eliminate its RM195.36 million accumulated losses. The move aims to realign its share capital with its financial position and strengthen credibility with stakeholders.

KENANGA has increased its stake in digital asset exchange Kinetic DAX (KDX) to 81.7% from 19% through its unit Kenanga Private Equity, via a KDX fundraising and capitalization exercise. The investment value was not disclosed.

SORENTO, which listed on Bursa Malaysia’s ACE Market in October 2024, has proposed transferring to the Main Market. The company said it meets transfer requirements, including profit track record, financial position and positive operating cash flow

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