PNB turns down Sunway's offer for IJM shares
KUALA LUMPUR (March 16): Permodalan Nasional Bhd (PNB) has decided not to accept the voluntary takeover offer (VTO) for its 13.
KUALA LUMPUR (March 16): Permodalan Nasional Bhd (PNB) has decided not to accept the voluntary takeover offer (VTO) for its 13.
KUALA LUMPUR (March 16): IJM Corporation Bhd (KL:IJM) said it is reviewing the strategy for its key businesses, including monetising part of its vast land bank at its property division, after rebuffing a takeover offer.
KUALA LUMPUR (March 16): IJM Corporation Bhd (KL:IJM) said a takeover bid now on the table reflects the low point in its earnings cycle as the company urged shareholders to reject the offer.
KUALA LUMPUR (March 16): IJM Corp Bhd's (KL:IJM) plans to list parts of its assets, including construction and toll road business, could provide shareholders with an alternative pathway to unlock value, analysts said, at a time when the group is weighing a takeover offer from rival Sunway Bhd (KL:SUNWAY).
KUALA LUMPUR (March 16): Sunway Real Estate Investment Trust (KL:SUNREIT) is establishing a sustainability-linked commercial papers (SLCPs) programme of up to RM3 billion in nominal value.
PETALING JAYA (March 13): SJK (C) Cheah Fah has broken ground on the second phase of its expansion, marking another milestone in Johor’s fast-growing southern corridor and underscoring Sunway Property’s long-term commitment to education infrastructure.
TTDI Jaya, Selangor shop sold for RM880k | DONE DEAL Bangsar Park, Kuala Lumpur terrace house rented for RM11k | DONE DEAL Seventy Damansara, Kuala Lumpur bungalow sold for RM9.
PETALING JAYA (March 5): Senior executives within the Sunway Group ecosystem increased their personal shareholdings while transaction mechanics linked to Sunway Bhd’s proposed RM11 billion acquisition of IJM Corp Bhd continued to advance.
PUTRAJAYA (March 4): Malaysia’s anti-graft agency said it has opened an investigation paper linked to Sunway Bhd’s (KL:SUNWAY) ongoing takeover offer for IJM Corp Bhd (KL:IJM).
PETALING JAYA (March 4): IJM Corp Bhd posted a 12.