PNB yet to decide on Sunway's offer for IJM Corp stake

KUALA LUMPUR (Feb 6): Permodalan Nasional Bhd (PNB) has yet to decide on Sunway Bhd’s (KL:SUNWAY) voluntary general offer (VGO) to acquire its shares in IJM Corporation Bhd (KL:IJM) and will assess the offer based on commercial considerations, including the investment returns based on IJM’s intrinsic and future value, the cash consideration and the estimated future value of swap shares offered.

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BCorp redesignates Nerine Tan to CEO

KUALA LUMPUR (Feb 6): Berjaya Corp Bhd (KL:BJCORP) has announced the redesignation of its joint chief executive officer (CEO) Nerine Tan Sheik Ping, to CEO, effective immediately.

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