Sunway, IJM Shares Rise On Positive Sentiment Over Merger Proposal

KUALA LUMPUR, Jan 13 (Bernama) -- Sunway Bhd and IJM Corporation Bhd were among the most active counters, trading higher at mid-afternoon, following the positive sentiment on a potential merger between the two companies.

Bursa Malaysia Ends Morning Session Higher, Boosted By Buying Activities

KUALA LUMPUR, Jan 13 (Bernama) -- Bursa Malaysia ended the morning session higher, supported by continued buying in financial services and consumer-related counters.

Sunway Proposes Conditional Takeover Offer To Acquire IJM Corp At RM3.15 Per Share

KUALA LUMPUR, Jan 12 (Bernama) -- Sunway Bhd has proposed a conditional voluntary takeover offer to acquire the entire 3.51 billion shares in IJM Corp Bhd at an offer price of RM3.15 per share.  

Bursa Malaysia Firms In Early Trade, KLCI Holds Above 1,680

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Jan 12 (Bernama) -- Bursa Malaysia strengthened in early trade, tracking Wall Street’s gains from the previous week, as improved investor sentiment underpinned buying interest.

Bursa Remains Easier At Midday Amid Lack Of Catalysts

KUALA LUMPUR, Jan 7 (Bernama) -- Bursa Malaysia ended the morning session on a slightly lower note, amid a healthy profit-taking pullback in the absence of fresh domestic catalysts.

Penang MICE Industry's Estimated Economic Impact Hit RM1 Bln In 2025

GEORGE TOWN, Jan 5 (Bernama) -- The Meetings, Incentives, Conferences and Exhibitions (MICE) industry in Penang recorded an estimated economic impact (EEI) of RM1 billion last year.

IJM Bags RM1.4 Bln Contract To Build New Pantai Highway Extension

KUALA LUMPUR, Nov 5 (Bernama) -- IJM Corporation Bhd’s wholly-owned subsidiary, IJM Construction Sdn Bhd, has secured a contract from New Pantai Expressway Sdn Bhd to design and build the New Pantai Highway Extension (NPE 2) for RM1.4 billion.

IJM Secures RM873.9 Mln Contract For Hyperscale Data Centre Works

KUALA LUMPUR, Oct 29 (Bernama) -- IJM Corporation Bhd's wholly-owned subsidiary, IJM Construction Sdn Bhd, has accepted a letter of award (LOA) worth RM873.9 million from Pearl Computing Malaysia Sdn Bhd for the mechanical and electrical (M&E) fit-out works of a hyperscale data centre in Elmina Business Park, Selangor.

SP Setia Appoints New Deputy CEO, COO

KUALA LUMPUR, Sept 22 (Bernama) -- SP Setia Bhd has appointed Tan Hwa Min as deputy chief executive officer (CEO) (effective Nov 17), and Datuk Yuslina Mohd Yunus as chief operating officer (COO), (effective Oct 1), following the appointment of Datuk Zaini Yusoff as president and CEO (effective Oct 1).

PNB Confirms Ongoing Talks On Highway Assets, Process Still At Early Stage

KUALA LUMPUR, Aug 29 (Bernama) -- Permodalan Nasional Bhd (PNB) today confirmed that discussions are ongoing with several parties regarding its highway assets in Projek Lintasan Kota Holdings Sdn Bhd (Prolintas).

IJM Construction Clinches RM1.4 Bln Johor Data Centre Project

KUALA LUMPUR, Aug 15 (Bernama) -- IJM Construction Sdn Bhd, a wholly owned subsidiary of IJM Corporation Bhd (IJM), has been awarded a RM1.4 billion contract for the construction of a large-scale data centre facility in Johor Bahru.

CIMB Securities: Water Tariff Revision Opens Path For Investment, Private Funding Still Needed

KUALA LUMPUR, Aug 5 (Bernama) -- Malaysia’s water sector still requires alternative funding schemes involving the private sector to reduce the federal government’s financial burden despite the ongoing review of water tariffs in selected states.