Mayu Global buys out Sunrise Manner stake after AMLA issue
KUALA LUMPUR (April 9): Mayu Global Group Bhd (KL:MAYU) has acquired the remaining 20% stake in property arm Sunrise Manner Sdn Bhd (SMSB), making it a wholly-owned subsidiary.
Infoline Tec acquires twin Sungai Buloh factory units for RM18.58 mil to house new HQ and cyber operations
PETALING JAYA (April 9): IT infrastructure and cybersecurity group Infoline Tec Group Bhd, is consolidating its Klang Valley operations under one roof, acquiring two adjoining three-storey semi-detached factory buildings in Sungai Buloh, Selangor, for a combined RM18,577,776 — with the properties earmarked as the group's new permanent headquarters.
Sunway seeks renewal of buyback and RRPT mandates; EPF raises stake to 9.95%
PETALING JAYA (April 8): Sunway Bhd plans to seek shareholder approval for the renewal of its recurrent related party transactions (RRPT) mandates and share buyback authority at its forthcoming annual general meeting (AGM), according to a filing with Bursa Malaysia today (April 8).
IJM says moving forward with view to unlocking value as Sunway takeover bid falls through
KUALA LUMPUR (April 7): IJM Corp Bhd (KL:IJM) said it will move forward with the execution of its proposed strategy to deliver value across its portfolio, after the majority of its shareholders rejected Sunway Bhd's (KL:SUNWAY) takeover offer.
Sunway fails in bid to take over IJM
KUALA LUMPUR (April 6): Sunway Bhd’s (KL:SUNWAY) bid to take over IJM Corp Bhd (KL:IJM) has failed, after it failed to meet the conditional requirement of securing an over 50% stake in the latter.
IJM says no knowledge of Sunway's pre-offer discussion with shareholders, reaffirms rejection of takeover bid
KUALA LUMPUR (April 3): IJM Corp Bhd (KL:IJM) on Friday said any discussions Sunway Bhd (KL:SUNWAY) may have had with any of its shareholders prior to the announcement of Sunway's takeover bid were conducted without the knowledge or involvement of the IJM board or its management.
Sunway eyes joint procurement after IJM takeover, says president
KUALA LUMPUR (April 3): Sunway Bhd (KL:SUNWAY) plans to implement joint procurement in construction as part of its short-term strategy within nine months of acquiring IJM Corporation Bhd (KL:IJM).
Probe into Sunway's takeover offer for IJM completed, papers now with attorney general, says Azam Baki
PUTRAJAYA (April 2): 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.
Latest contract win shows IJM could hold its own, analysts say amid takeover bid
KUALA LUMPUR (April 2): 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.
Jeffrey Cheah urges GLICs to evaluate Sunway's IJM bid objectively
KUALA LUMPUR (April 2): Tan Sri Jeffrey Cheah Fook Ling (pictured), the founder and 59.
