News by Jose Barrock

Tan Sri Jeffrey Cheah Fook Ling, the founder and 59.4% shareholder of Sunway Bhd (KL:SUNWAY), is urging shareholders of IJM Corp Bhd (KL:IJM), particularly government-linked investment funds (GLICs), to evaluate Sunway's takeover bid objectively, and not be influenced by the “noises” made by certain quarters.

While the sources are tight lipped, they say that the three-month extension could very well be an interim measure before his tenure is extended for a longer period.

"His appointment may be made as early as this week."

“We do not consider graduates of the UoL to be graduates of LSE,” Haynes replied in an email dated July 1 to queries from the Securities Commission (SC), a copy of which was provided to theedgemarkets.com.

Nur Ismal was CEO of MyHSR from 2015 to 2019.

President cum group chief executive, Datuk Abdul Rahman Ahmad, will leave upon the expiry of his three-year contract by the end of next month. He assumed the post on Oct 1, 2016.

The group will remain O&M contractor for SSP3 water treatment plant but on new terms — sources

Bina Puri Holdings Bhd, in partnership with Prasarana Malaysia Bhd (formerly known as Syarikat Prasarana Negara Bhd), is likely to win the RM1 billion contract to build the bus rapid transit (BRT) system in Kota Kinabalu, sources say.

Judging by the size and the modus operandi of both outfits, it would not be surprising if they both decide to take up a substantial stake via MRCB’s proposed private placement exercise.