News about c

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): JAKS Resources Bhd (KL:JAKS) has agreed to sell its 100% stake in JAKS Solar Nibong Tebal (JSNT) to Sunview Group Bhd (KL:SUNVIEW) unit, Sunview Asset Management Sdn Bhd, for RM15 million in cash plus up to RM40 million owed by JSNT.

KLANG (Jan 12): Ancubic Group of Companies’ Rosedale commercial component located in Klang, Selangor has been fully sold out.

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.

KUALA LUMPUR (Jan 9): KEB Bhd has filed its prospectus with Bursa Malaysia for a proposed initial public offering (IPO) on the ACE Market, as the property developer seeks to raise funds to finance further land acquisitions to replenish its development pipeline.

Judge Datuk Dean Wayne Daly also ruled that The Wharf’s joint management body (JMB) which filed the suit against developer Unique Harvests Sdn Bhd, a member of the Interhill Group, in Miri does not have locus standi (legal standing) to initiate the claim as it was only formed in 2023.

The Johor Bahru (JB) property market is starting to look like a circus.

The research house said PGF’s weak share price performance is mainly due to delays caused by unresolved water supply issues, which have prevented the Tanjung Malim property development from starting.

Backed by Datuk Doh Jee Ming, the managing director of property developer Lagenda Properties Bhd, EGH International has completed projects in Malaysia and abroad over the past 15 years, including 57 hotels and resorts, 19 healthcare facilities, and three educational institutions.

The Mansions @ ParkCity Heights, Kuala Lumpur terrace house sold for RM9.