KUALA LUMPUR (Jan 14): Shares of Sunway Bhd (KL:SUNWAY) and IJM Corporation Bhd (KL:IJM) ended Tuesday on a mixed note as investors weighed Sunway's proposed RM11 billion cash-and-share takeover of IJM against the group’s upcoming healthcare listing.
KUALA LUMPUR (Jan 8): Sunway Bhd (KL:SUNWAY) said on Thursday that its unit has proposed a sukuk wakalah programme of up to RM10 billion to fund working capital and refinancing of borrowings.
KUALA LUMPUR (Jan 13): Analysts are generally positive on Sunway Bhd’s (KL:SUNWAY) RM11 billion takeover of IJM Corporation Bhd (KL:IJM), citing earnings growth and diversification into infrastructure, though some question the offer price.
KUALA LUMPUR (Jan 13): IJM Corporation Bhd (KL:IJM) shares jumped to their highest in more than four months on Tuesday, after Sunway Bhd (KL:SUNWAY) proposed to acquire the group in a cash-and-share deal worth over RM11 billion.
KUALA LUMPUR (Jan 12): Sunway Bhd (KL:SUNWAY) plans to acquire rival company IJM Corporation Bhd (KL:IJM) in a cash-and-share deal worth over RM11 billion.
KUALA LUMPUR (Jan 12): Trading of Sunway Bhd (KL:SUNWAY) and IJM Corporation Bhd (KL:IJM) shares is being suspended from 9am on Monday, pending a material announcement, according to their filings with Bursa Malaysia.
As of end-September 2025, Sunway reported cash and bank balances of RM6.
Three parcels have been acquired in Puchong and USJ 1, Selangor, and in Georgetown, Penang, as part of Sunway’s nationwide expansion strategy.
SunCon did not disclose further details on the awarding party or the project locations.
Under the contract, the multinational corporation has the option, but not the obligation, to award the mechanical and engineering fit-out works to SCSB, subject to finalisation of the project contract.
The only property app you need. More than 200,000
sale/rent listings and daily property news.
