Sunway's ongoing takeover offer for IJM under MACC investigation, says Azam Baki
Malaysia’s anti-graft agency said it has opened an investigation paper linked to Sunway Bhd’s (KL:SUNWAY) ongoing takeover offer for IJM Corp Bhd (KL:IJM).
Malaysia’s anti-graft agency said it has opened an investigation paper linked to Sunway Bhd’s (KL:SUNWAY) ongoing takeover offer for IJM Corp Bhd (KL:IJM).
The Employees Provident Fund (EPF), one of the largest shareholders of IJM Corp Bhd (KL:IJM), has not decided on the voluntary takeover offer by Sunway Bhd (KL:SUNWAY) for the construction group.
YTL Hospitality REIT's (KL:YTLREIT) manager Pintar Projek Sdn Bhd has proposed a placement of up to 90 million new units to raise an estimated RM99 million for repayment of borrowings.
Kerjaya Prospek Group Bhd's (KL:KERJAYA) net profit rose 53.36% in the four quarter ended Dec 31, 2025 (4QFY2025), as all segments improved led by its mainstay construction segment.
Country Heights Holdings Bhd (KL:CHHB) said it has postponed its extraordinary general meeting (EGM), which sought shareholders’ approval to commence legal action against the liquidator of Mines Waterfront Business Park Sdn Bhd (MWBP), in order to allow further review of its circular by shareholders.
Johor launched on Saturday the 3,200-acre Maharani Freeport in Muar as a three-island deep-water free zone, designed to serve regional oil and gas activities along the Strait of Malacca.
This ‘carbon competitiveness fund’ is to help local players in “adopting low-carbon technologies, expanding into new markets, and enhancing export capabilities”, it said.
BJSP was set up to develop the 76.14-acre Bukit Jalil Sentral project, valued at RM21 billion. MRCB said the buyout comes as it reviews the approved mixed development plan from November 2020.
Gamuda Bhd (KL:GAMUDA) said on Thursday it is partnering with Taylor's Education Group to redevelop a prime commercial site in SS15, Subang Jaya.
Eversendai Corp Bhd (KL:SENDAI), which is undertaking steel works for Saudi Arabia’s Trojena Ski Village, said construction activities will continue “without interruption” following reports that the 2029 Asian Winter Games may be reassigned to a different host country.