Sunway makes cash-share offer to take over IJM Corp at RM11 bil
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.
Telekom Malaysia secures power supply for data centre in Johor
KUALA LUMPUR (Jan 12): Telekom Malaysia Bhd (KL:TM) said its joint venture with Nxera has secured a multi-year electricity supply for a planned data centre campus in Iskandar Puteri, Johor.
Ancubic Group’s Rosedale commercial sold out, property gallery opens
KLANG (Jan 12): Ancubic Group of Companies’ Rosedale commercial component located in Klang, Selangor has been fully sold out.
Wyndham adds five hotels, signs three more in Malaysia’s key cities
KUALA LUMPUR (Jan 12): Wyndham Hotels & Resorts has opened five new hotels and signed three additional properties in Malaysia in 2025, reflecting the growing confidence in the hospitality group’s brand portfolio and strategy, as well as strong demand across Malaysia’s tourism sector.
IGB disposes of St Giles Hotel London and shares in Ravencroft Investment for £220 million
KUALA LUMPUR (Jan 12): IGB Bhd's (KL:IGBB) associates have disposed of UK-based assets, including the St Giles Hotel London, for a total of £220 million (RM1.
Global Oriental sells retail units in Pavilion Embassy for RM35 mil
KUALA LUMPUR (Jan 9): Property developer Global Oriental Bhd (KL:GOB) said it is disposing of 18 retail units in its Pavilion Embassy project in Kuala Lumpur for RM35 million to pare its borrowings.
Trading of Sunway and IJM Corp shares suspended pending announcement
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.
Court rules 2019 Sarawak strata law not retrospective, clears The Wharf developer of pre-2022 maintenance charges
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.
How to reap Johor Bahru’s ripe opportunities without getting burned if the bubble bursts
The Johor Bahru (JB) property market is starting to look like a circus.
PGF Capital to return to growth as it resolves Tanjung Malim property project issues by FY2027—TA Securities
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.
