News by M

Malaysia’s anti-graft agency has submitted investigation papers on the takeover of IJM Corporation Bhd (KL:IJM) to the Attorney General’s Chambers for further action.

A new contract proves that IJM Corporation Bhd (KL:IJM) could hold its own in the construction industry amid a takeover offer by a larger peer, analysts said.

Matrix Concepts Holdings Bhd (KL:MATRIX) has achieved a take-up rate of over 85% for the latest phase of its 1.5-storey semi-detached factories at MVV TechValley Biz Park during its pre-launch.

Topmix Bhd (Topmix) plans to acquire two parcels of industrial land in Johor for a total cash consideration of RM18.97 million, according to a filing with Bursa Malaysia yesterday (April 1).

Corporate real estate (CRE) players in Malaysia are embracing a dual mandate to manage cost savings, as well as long-term transformation agendas amid a weakening global outlook.

Tan Sri Jeffrey Cheah Fook Ling, the founder and 59.4% shareholder of Sunway Bhd (KL:SUNWAY), is urging shareholders of IJM Corp Bhd (KL:IJM), particularly government-linked investment funds (GLICs), to evaluate Sunway's takeover bid objectively, and not be influenced by the “noises” made by certain quarters.

For investors who are weighing Sunway Bhd's (KL:SUNWAY) takeover bid for IJM Corp Bhd (KL:IJM) ahead of the April 6 deadline, a simple arithmetic comparison might be an alternative way to assess the offer.

The Penang state executive council has agreed to a revised mechanism for determining the annual quit rent rates aimed at reducing the financial burden on landowners.

Property developer NCT Alliance Bhd (KL:NCT) has appointed Ong Chou Wen as its first chief executive officer.

Ministry of Housing and Local Government Malaysia (KPKT) reported continued progress in addressing problematic private housing developments, with Melaka, Perlis and the Federal Territory of Putrajaya recording zero abandoned projects as at end-February 2026.