IJM says takeover offer reflects low point in earnings while asset value stays high
IJM Corporation Bhd (KL:IJM) said a takeover bid now on the table reflects the low point in its earnings cycle as the company urged shareholders to reject the offer.
IJM Corporation Bhd (KL:IJM) said a takeover bid now on the table reflects the low point in its earnings cycle as the company urged shareholders to reject the offer.
Paramount Corp Bhd (KL:PARAMON) is aiming for higher property sales this year and is confident that its margins will withstand cost pressures amid Middle East tensions.
Sunway Bhd (KL:SUNWAY) will walk away from its proposed takeover of IJM Corp Bhd (KL:IJM) if the construction group’s shareholders do not accept the offer by the early April deadline.
Sunway Healthcare Holdings Bhd (SHH) is exploring opportunities to expand to Southeast Asian nations as part of its longer-term regional growth strategy, said executive chairman Tan Sri Dr Jeffrey Cheah.
Kerjaya Prospek Group Bhd (KL:KERJAYA) has received a RM502.27 million contract from Tanjung Pinang Development Sdn Bhd for the execution and completion of reclamation and dredging works for the Seri Tanjung Pinang (Phase 2B and 2C) Development (STP2) in Penang.
Property developer Sunsuria Bhd (KL:SUNSURIA) reported sharp drops in its first quarter net profit and revenue, primarily due to lower progressive profit recognition from its completed property projects.
IJM Land has opened registration for Phase 4 of Ridge View @ Puchong and will officially launch the phase on Jan 17, according to a statement on Wednesday.
The Lenggong District Council, in partnership with Think City, has officially launched the Lenggong community centre on Saturday.
I-Bhd (KL:IBHD) has soft-opened its AI World Experience Centre on Thursday at its 72-acre i-City development in Shah Alam, Selangor. The AI World Experience Centre will be officially opened to public on Jan 13, 2026.
Khazanah Nasional Bhd has completed the restoration of Seri Negara after embarking on a 10-month conservation project.