Sunway lifts cash portion of IJM takeover offer to 32.5 sen per share but keeps RM3.15 offer price intact

Sunway lifts cash portion of IJM takeover offer to 32.5 sen per share but keeps RM3.15 offer price intact

news

Updated:
  • Sunway Bhd has revised its cash offer for IJM Corp Bhd, increasing it to approximately 32.5 sen per share.
  • The adjustment accounts for a two-sen dividend declared for Sunway shareholderse.
  • IJM shareholders are advised to review the offer document and independent advice before deciding.
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Sunway charts new all-time highs after strong earnings meet estimates

Sunway charts new all-time highs after strong earnings meet estimates

news

Updated:
  • Sunway Bhd shares hit record highs after strong earnings met market expectations.
  • Analysts remain cautious, citing inflated valuations and upcoming events.
  • The company reported a 13% net profit increase, reaching RM1.3 billion for FY2025.
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KLK 1Q net profit rises 73.5% on higher palm product sales, lower costs

KLK 1Q net profit rises 73.5% on higher palm product sales, lower costs

news

Updated:
  • Kuala Lumpur Kepong Bhd's net profit rose 73.5% to RM382.41 million in 1QFY2026 despite lower CPO prices.
  • Manufacturing segment turned profitable, contributing RM42 mil, aided by improved oleochemical performance.
  • Batu Kawan Bhd also reported a 42.9% profit increase, reaching RM182.36 million.
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Sunway Construction secures RM1.15 bil new work orders, lifts order book to RM6.9 bil

Sunway Construction secures RM1.15 bil new work orders, lifts order book to RM6.9 bil

news

Updated:
  • Sunway Construction Group Bhd secured RM1.15 billion in new work orders for shell-and-core projects.
  • The company aims for a RM6 billion order replenishment this year after a record 2025.
  • SunCon declared a fourth interim dividend of nine sen per share.
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LBS Bina jumps 8.5% as continuing operations return to black in 4Q, dividend policy revised

LBS Bina jumps 8.5% as continuing operations return to black in 4Q, dividend policy revised

news

Updated:
  • LBS Bina Group reported a normalised profit of RM44.73 million in 4QFY2025, up from a loss in 4QFY2024.
  • Quarterly revenue surged 61% to RM462.31 million, driven by property development.
  • The company revised its dividend policy, declaring a total proposed payout of 3.3 sen per share.
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Stronger ringgit cuts entry cost for Malaysians investing in Australian property

Stronger ringgit cuts entry cost for Malaysians investing in Australian property

news

Updated:
  • Strengthening ringgit is reducing capital requirements for Malaysian investors in the Aussie property market.
  • Malaysia ranks as the ninth largest foreign investor in Australian residential land.
  • However, foreign buyers face stricter regulations and higher costs despite the currency advantage.
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Where will workers live? A look at Malaysia’s new industrial–residential corridors

Where will workers live? A look at Malaysia’s new industrial–residential corridors

news

Updated:
  • Malaysia's industrial growth is reshaping its housing market, especially in Johor and Selangor.
  • Johor's JS-SEZ is driving residential demand, while Selangor's clusters attract skilled workers.
  • Penang's Batu Kawan is emerging as a key live-work hub, linking talent to integrated communities.
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Industrialisation 4.0: How Malaysia is re-engineering its manufacturing future

Industrialisation 4.0: How Malaysia is re-engineering its manufacturing future

news

Updated:
  • Our industrial landscape is evolving from land sales to integrated ecosystems for advanced manufacturing.
  • The focus is now on reliable infrastructure, skilled labour, and sustainable practices to attract investment.
  • Future industrial parks must be designed for efficiency and collaboration, aligning power, talent, and growth.
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UOA Development’s 4Q profit surges on revaluation gains

UOA Development’s 4Q profit surges on revaluation gains

news

Updated:
  • UOA Development Bhd reported a 50.3% increase in 4Q net profit to RM192.76 million, despite a revenue drop.
  • The company booked a revaluation surplus of RM169.2 million on investment properties.
  • For the full year, net profit rose 65% to RM474.04 million, with new property sales reaching RM672.9 million.
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Roads on govt land not allowed to be sold, transferred to private sector—deputy minister

Roads on govt land not allowed to be sold, transferred to private sector—deputy minister

news

Updated:
  • Roads on government land cannot be sold or transferred as they are strategic national assets.
  • Private-sector roles are limited to management or maintenance via concession agreements.
  • Any changes to public road status require approval from relevant authorities.
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Sunway lifts cash portion of IJM takeover offer to 32.5 sen per share but keeps RM3.15 offer price intact