East Coast Rail Link gets eight banks to manage renminbi loan exposure
KUALA LUMPUR (March 17): Malaysia has appointed eight local and foreign banks to manage East Coast Rail Link’s renminbi loan exposure as the project nears completion.
Malaysia’s ECRL enters testing phase as 519km Kota Bharu-Gombak track completed
KUALA LUMPUR (March 17): Malaysia’s flagship East Coast Rail Link (ECRL), a major rail project designed to connect the country’s less-developed east coast states with the Klang Valley economic hub, entered into its testing and commissioning phase following the completion of track construction and key system installations.
PNB rejects Sunway’s takeover offer for IJM over valuation, small cash component
KUALA LUMPUR (March 17): Permodalan Nasional Bhd (PNB) has decided not to accept the voluntary takeover offer (VTO) by Sunway Bhd for its 13.
Gagasan Nadi Cergas MD trims stake to 57%
KUALA LUMPUR (March 17): Gagasan Nadi Cergas Bhd group managing director Datuk Wan Azman Wan Kamal has sold a 7.
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.
IJM reviewing key businesses, assets after rebuffing Sunway’s offer
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.
JRK Areca in Seri Kembangan: A contemporary urban living in a strategically connected township
JRK Group introduces JRK Areca @ Seri Kembangan, a modern residential development designed to deliver practical urban living within one of the Klang Valley’s rapidly evolving growth corridors.
Tuan Straits Residency: Modern living rooted in heritage
CPI Land introduces Tuan Straits Residency, a contemporary serviced apartment development inspired by Malaysia’s rich Straits and Peranakan heritage.
IJM says takeover offer reflects low point in earnings while asset value stays high
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.
IJM’s plans to list toll assets offer alternative to Sunway takeover in unlocking value — analysts
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).
