News by Emir Zainul

Maxim Global Bhd (KL:MAXIM) has received a mandatory takeover offer of 24 sen per share from its managing director Tan Sri Gan Seong Liam.

CBH Engineering secured a RM29.69 million Johor data centre job, further boosting its data centre-heavy order book.

In addition to his role at SCIB, Ku currently also serves as an executive director and the chief financial officer of Globetronics Technology Bhd. 

Bina Puri Holdings Bhd (KL:BPURI), which has at least six winding-up petitions against its subsidiaries, has landed a RM42.5 million contract to undertake construction works for a project in the Limbang district of Sarawak.

Sunway Construction Group Bhd (KL:SUNCON) has secured new work orders totalling RM1.15 billion for shell-and-core projects from a US-headquartered multinational technology company.

Sunway Bhd (KL:SUNWAY) on Wednesday (Feb 25) revised the cash component of its takeover offer for IJM Corp Bhd (KL:IJM) following the declaration of a two-sen dividend to Sunway shareholders.

Full-year earnings per share rose to 27.74 sen from 14.50 sen.

Sarawak Consolidated Industries Bhd (KL:SCIB) has cancelled its RM49 million financing facilities after the board determined that the facilities were no longer required following the group’s disposal of its indirect wholly owned unit SCIB Concrete Manufacturing Sdn Bhd (SCM).

GuocoLand (Malaysia) Bhd's (KL:GUOCO) controlling shareholder GLL (Malaysia) Pte Ltd (GLLM) has submitted a proposal to the board to privatise the property arm of the Tan Sri Quek Leng Chan-controlled Hong Leong Group via a selective capital reduction and capital repayment exercise at RM1.10 per share.

Malton said BENLG is assessing the possibility of establishing a presence in the Malaysian electric motorcycle market and is seeking a local partner for the initiative.