99.27 Pct Shareholders Vote Yes For Sunway-IJM Takeover
KUALA LUMPUR, March 26 (Bernama) -- Sunway Bhd’s shareholders almost unanimously voted yes for the company’s takeover offer for IJM Corp Bhd in an extraordinary general meeting (EGM) today.
| LATEST NEWS | Malaysia’s direct investment abroad (DIA) position moderated to RM12.4 billion in 2025 from RM35.5 billion in 2024 -- DoSM | Total direct investment abroad was RM589.3 bln at end-2025, or 29.1 pct of GDP, vs 32.2 pct in 2024 -- DoSM | Malaysia's FDI rose 41.2 pct to RM65.9 bln in 2025 vs RM46.7 bln in 2024 -- DoSM | Cumulative FDI expanded to RM1.09 trillion at end-2025, accounting for 53.7 pct of GDP, compared with 51.4 pct in 2024 -- DoSM | The Advanced Air Mobility and drone sectors are expected to grow rapidly, with investments worth billions of dollars - Loke | |
KUALA LUMPUR, March 26 (Bernama) -- Sunway Bhd’s shareholders almost unanimously voted yes for the company’s takeover offer for IJM Corp Bhd in an extraordinary general meeting (EGM) today.
KUALA LUMPUR, March 6 (Bernama) -- RAM Rating Services Bhd (RAM Ratings) projects Malaysia’s system loan growth to come in at 4.0 per cent to 5.0 per cent in 2026, broadly in line with its gross domestic product (GDP) growth projection of 4.0 per cent to 5.0 per cent.
KUALA LUMPUR, Feb 23 (Bernama) -- Pelaburan Hartanah Bhd (PHB) has largely fulfilled its mandate, supported by growth in underlying asset value, a rising number of Amanah Hartanah Bumiputera (AHB) unitholders and its stable returns.
KUALA LUMPUR, Feb 23 (Bernama) -- CIMB Securities Sdn Bhd expects Malayan Banking Bhd’s (Maybank) core net profit for the fourth quarter of 2025 (4Q 2025) to rise 11.9 per cent year-on-year, driven by a more favourable outlook for non-interest income (NOII).
KUALA LUMPUR, Jan 29 (Bernama) -- KLCCP Stapled Group, comprising KLCC Property Holdings Bhd and KLCC Real Estate Investment Trust (KLCC REIT), increased its net profit to RM1.28 billion in the financial year ended Dec 31, 2025, (FY2025) from RM1.02 billion in the preceding year.
KUALA LUMPUR, Jan 9 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) has maintained a positive stance on the Malaysia real estate investment trust (REIT) sector into 2026, supported by resilient fundamentals, a stable rate environment and tourism-led demand recovery.
KUALA LUMPUR, Jan 7 (Bernama) -- Malaysia’s real estate market in 2026 is expected to evolve from resilience to relevance, underpinned by economic stability, policy reforms and infrastructure-led development, according to CBRE WTW Valuation and Advisory Sdn Bhd (CBRE WTW).
KUALA LUMPUR, Jan 2 (Bernama) -- Banks’ net interest margin (NIM) is anticipated to recover in the second half of 2026 (2H 2026), assuming the Overnight Policy Rate (OPR) remains stable at 2.75 per cent throughout the year, according to Kenanga Investment Bank Bhd (Kenanga IB).
PUTRAJAYA, Dec 7 (Bernama) -- The Public Sector Home Financing Board (LPPSA) is set to make history by launching its first-rated sukuk programme next year, a strategic move aimed at expanding its funding ecosystem while supporting the government’s efforts in prudently managing the country’s liabilities.
KUALA LUMPUR, Dec 7 (Bernama) -- Malaysia’s banking sector ended 2025 on a firmer footing, charting steady loan growth, stable asset quality and sustained profitability despite a year clouded by global trade tensions, while the outlook for next year remains steady amid a diversified portfolio.
By Abdul Hamid A Rahman
KUALA LUMPUR, Dec 2 (Bernama) -- Bursa Malaysia’s key index sustained its uptrend but closed off its intraday high as investor sentiment continued to improve amid broad gains across major Asian markets, said an analyst.
KUALA LUMPUR, Dec 2 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) expects 2026 to be a more conducive operating year for the banking sector, with aggregate operating profit and net profit forecast to grow by 4.7 per cent and five per cent, respectively.