EPF to reject Sunway’s offer for its IJM shares, sources say
KUALA LUMPUR (March 30): The Employees Provident Fund (EPF), the single largest shareholder in IJM Corporation Bhd (KL:IJM) holding 20.
EPF abstained from voting on Sunway's takeover offer for IJM
KUALA LUMPUR (March 27): The Employees Provident Fund (EPF), the largest shareholder in IJM Corp Bhd (KL:IJM), voluntarily abstained from voting on the takeover offer by Sunway Bhd (KL:SUNWAY) for the construction group.
Sunway says MACC has cleared it of wrongdoing in IJM takeover deal
KUALA LUMPUR (March 27): Sunway Bhd (KL:SUNWAY) said it has been cleared by the Malaysian Anti-Corruption Commission (MACC) regarding its takeover offer for IJM Corporation Bhd (KL:IJM).
REHDA Institute’s UK study tour engages London mayor’s office and Foster + Partners on housing, regeneration and future city models
PETALING JAYA (March 27): REHDA Institute has embarked on its Asia Real Estate Leaders (AREL) Study Tour to the United Kingdom, with stops across London, Bristol, Bath and Cambridge, as part of its efforts to strengthen global knowledge exchange and leadership development within Malaysia’s real estate sector.
Exsim Hospitality seeks to diversify into construction, procurement businesses
PETALING JAYA (March 27): Exsim Hospitality Bhd is seeking shareholder approval to diversify its existing business to include construction works and centralised procurement activities, according to a circular issued today (March 27).
GuocoLand to table privatisation proposal at EGM
KUALA LUMPUR (March 27): GuocoLand (Malaysia) Bhd (KL:GUOCO) said the proposal by its controlling shareholder to privatise the company will be tabled at an extraordinary general meeting (EGM) on a date to be fixed later.
Axis REIT and Ann Joo mutually terminate Penang industrial property acquisition on unsatisfactory due diligence findings
KUALA LUMPUR (March 27): Axis Real Estate Investment Trust (KL:AXREIT) said the acquisition of an RM800 million industry property in Seberang Perai Tengah from Ann Joo Resources Bhd’s (KL:ANNJOO) wholly owned subsidiary Ann Joo Steel Bhd has been terminated.
1A Stonor, Kuala Lumpur condo unit sold for RM850k | DONE DEAL
Kemensah Residency, Selangor bungalow sold for RM3.
Malaysia not immune to housing affordability pressures, shifting to targeted reforms — minister
LONDON (March 26): Malaysia is not immune to rising housing affordability pressures despite its relatively high homeownership rate, Housing and Local Government Minister Nga Kor Ming said, as the government shifts towards more targeted and data-driven housing reforms.
Binastra Corp's 4Q net profit jumps 70% to RM42m amid higher number of projects
KUALA LUMPUR (March 26): Construction group Binastra Corp Bhd's (KL:BNASTRA) fourth quarter net profit climbed by nearly 70% to RM42.
