Sunway makes cash-share offer to take over IJM Corp at RM11 bil

Sunway makes cash-share offer to take over IJM Corp at RM11 bil

news

Updated:
  • Sunway Bhd plans to acquire IJM Corp in a cash-and-share deal exceeding RM11 billion.
  • Offer will become valid once Sunway secures more than 50% ownership of IJM and customary closing conditions.
  • If the merger is successful, the combined entity would rival Malaysia's largest construction firm, Gamuda Bhd.
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Alliance Bank unveils new 24-floor office suite on Jalan Ampang

Alliance Bank unveils new 24-floor office suite on Jalan Ampang

news

Updated:
  • Alliance Bank Malaysia Bhd launched its new 24-floor office, Menara Alliance Bank, in Kuala Lumpur.
  • The move symbolizes the bank's growth and commitment to sustainability under its Acceler8 2027 strategy.
  • Alliance Bank group CEO Kellee Kam said the new HQ was designed as a unified and collaborative space.
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Iconic Group opens Marriott-branded hotel in Penang ahead of Visit Malaysia 2026

Iconic Group opens Marriott-branded hotel in Penang ahead of Visit Malaysia 2026

news

Updated:
  • Iconic Penang Sdn Bhd has launched the Iconic Marjorie Penang, a five-star hotel in Bayan Lepas.
  • The hotel features 298 rooms and modern amenities, celebrating Penang’s Baba-Nyonya heritage.
  • This opening aims to boost Penang's tourism ahead of the Visit Malaysia 2026 campaign.
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Property developer JRK Holdings seeks ACE Market listing

Property developer JRK Holdings seeks ACE Market listing

news

Updated:
  • JRK Holdings Bhd plans to list on the ACE Market to raise funds for working capital and expansion.
  • The IPO will issue 48.16 million shares to the public, with no existing shares for sale.
  • JRK has completed three projects, which are JRK Senesta, JRK Convena and JRK Delta.
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KL Architecture Festival 2026 kicks off, design contests open to public

KL Architecture Festival 2026 kicks off, design contests open to public

news

Updated:
  • The Kuala Lumpur Architecture Festival (KLAF) 2026 has launched with the theme Future Culture.
  • It features various design competitions open to the public, promoting community engagement.
  • The Future Culture theme reflects the idea that design must consider history, memory and people.
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Teladan makes first foray outside Melaka with launch of Bukit Intan Commercial Centre

Teladan makes first foray outside Melaka with launch of Bukit Intan Commercial Centre

news

Updated:
  • Teladan Group has launched the Bukit Intan Commercial Centre in Seremban, its first project outside Melaka.
  • This freehold development aims to meet the growing commercial demand in Negeri Sembilan.
  • Designed for various uses, it supports long-term viability and accessibility in Seremban's urban growth.
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WM Senibong acquires 270-acre land parcel with golf club in Johor

WM Senibong acquires 270-acre land parcel with golf club in Johor

news

Updated:
  • WM Senibong Bhd has acquired Kews Senibong Sdn Bhd and Senibong Golf Club land, totaling 270 acres.
  • The development, valued at RM400 million, aims for a balanced mix.
  • The upcoming Kew Woods will feature 260 landed homes with proximity to international schools and healthcare.
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Expert urges data centres to invest in own water sources

Expert urges data centres to invest in own water sources

news

Updated:
  • Data centre companies in Johor are urged to secure their own water sources to ease public supply pressure.
  • Professor Dr Mohd Fadhil Md Din emphasized the need for controlled groundwater exploration to protect resources.
  • To ensure that data centre development takes place in a more balanced, responsible and sustainable manner.
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All 34 sick PR1MA projects to be completed by March, says Nga

All 34 sick PR1MA projects to be completed by March, says Nga

news

Updated:
  • The Ministry of Housing aims to complete all sick PR1MA projects by March, with 34 initially abandoned.
  • Minister Nga Kor Ming announced that 33 projects are finished, with one nearing completion.
  • Penang's Chief Minister highlighted progress in affordable housing, reaching 77.35% of their 2030 target.
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FT minister pledges RM20,000 to PAM to revitalise KL public spaces

FT minister pledges RM20,000 to PAM to revitalise KL public spaces

news

Updated:
  • Hannah Yeoh pledged RM20,000 to Pertubuhan Akitek Malaysia to enhance Kuala Lumpur's public spaces.
  • The Kuala Lumpur Architectural Festival 2026 aims to engage various communities in urban transformation.
  • Key challenges include improving public housing and facilities, while inspiring youth to pursue architecture careers.
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Sunway makes cash-share offer to take over IJM Corp at RM11 bil