Sunway makes cash-share offer to take over IJM Corp at RM11 bil
Sunway Bhd (KL:SUNWAY) plans to acquire rival company IJM Corporation Bhd (KL:IJM) in a cash-and-share deal worth over RM11 billion.
Selangor’s 30% local content rule to create fewer, bigger, higher-value data centre projects—BIMB
Selangor’s 30% local content rule, after Johor’s tighter rules, will result in fewer but bigger and more valuable data centre projects, said BIMB Securities Research.
UOA REIT unitholders adjourn meeting on related-party property deal, income distribution investment plan
The meeting was intended to seek unitholder approval for the proposed acquisition of three UOA Business Park assets, and the establishment of an income distribution reinvestment plan.
George Kent bags RM34.5m job to supply rail profiling machine for Kelana Jaya LRT
The project commenced on Dec 16 and it will be completed within 24 months.
Rooftop Solar ATAP programme open for application from Jan 1, 2026
The Solar Accelerated Transition Action Programme (Solar ATAP), which is replacing net energy metering (NEM), will be open for application from Jan 1, 2026.
Mitraland launches RM130m GDV office tower in Klang
Mitraland Group on Wednesday launched its Novva Nexus office tower project in Klang with a gross development value of RM130 million.
Software glitches push LRT3 timeline back, no new operational date yet, says Prasarana
The long-anticipated Light Rail Transit 3 (LRT3) Shah Alam Line will not commence operations this year, confirming an earlier report by The Edge.
LB Aluminium' 2Q net profit nearly triples on better showing by aluminium, property segments
Revenue fell 3.33% to RM270.86 million from RM280.19 million, dragged by lower sales volume from its aluminium segment.
Asian Pac CEO resigns 'to pursue other opportunities'
Property developer Asian Pac Holdings Bhd (KL:ASIANPAC) said its chief executive officer Chai Yee Choong has resigned effective Monday (Dec 1) “to pursue other opportunities".
Ho Hup’s shareholders block re-election of founding family’s last board member, refuse directors’ fees
Ho Hup Construction Company Bhd’s (KL:HOHUP) shareholders have rejected the re-election of the founding family’s last board member Datin Chan Bee Leng and blocked RM500,000 in directors’ fees at Monday’s annual general meeting.
