KUALA LUMPUR (April 24): Here is a brief recap of some business news and corporate announcements that made the headlines on Friday:

The Malaysian Anti-Corruption Commission (MACC) has frozen certain bank accounts belonging to Padini Holdings Bhd (KL:PADINI) amid an ongoing investigation linked to money laundering. The garment retailer said the accounts, held by the group and its subsidiaries, were frozen pursuant to Section 44(1) of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001. Padini noted that the affected accounts are not actively used for its day-to-day operations, and that the group continues to have access to other banking facilities to support its business activities. — MACC freezes Padini’s bank accounts amid money laundering investigation

Unisem (M) Bhd (KL:UNISEM) slipped into the red with a net loss of RM13.36 million in the first quarter of this year, as higher production costs squeezed margins despite increased revenue. The semiconductor group posted a net profit of RM6 million a year earlier. The last time the company was in the red was close to six years ago. Revenue rose 9.7% year-on-year to RM464.75 million in 1QFY2026, from RM423.62 million a year before, driven by higher sales volume across its key operating units. Unisem did not declare any dividend for the quarter. — Unisem posts first quarterly loss in nearly six years in 1Q on higher production costs

Padini, Unisem, Mesiniaga, Maybank, SCIB, Petra Energy, ManagePay, EcoWorld, Chuan Huat, Pineapple Resources, Sarawak Oil Palms, CTOS Digital