PNB rejects Sunway’s takeover offer for IJM over valuation, small cash component
KUALA LUMPUR (March 17): Permodalan Nasional Bhd (PNB) has decided not to accept the voluntary takeover offer (VTO) by Sunway Bhd for its 13.
KUALA LUMPUR (March 17): Permodalan Nasional Bhd (PNB) has decided not to accept the voluntary takeover offer (VTO) by Sunway Bhd for its 13.
KUALA LUMPUR (March 17): Gagasan Nadi Cergas Bhd group managing director Datuk Wan Azman Wan Kamal has sold a 7.
KUALA LUMPUR (March 16): Permodalan Nasional Bhd (PNB) has decided not to accept the voluntary takeover offer (VTO) for its 13.
KUALA LUMPUR (March 16): IJM Corporation Bhd (KL:IJM) said it is reviewing the strategy for its key businesses, including monetising part of its vast land bank at its property division, after rebuffing a takeover offer.
PETALING JAYA (March 16): S P Setia Bhd (SP Setia) has launched a Hari Raya Aidilfitri sales campaign offering incentives and referral rewards aimed at encouraging home purchases and strengthening engagement with existing buyers.
JRK Group introduces JRK Areca @ Seri Kembangan, a modern residential development designed to deliver practical urban living within one of the Klang Valley’s rapidly evolving growth corridors.
CPI Land introduces Tuan Straits Residency, a contemporary serviced apartment development inspired by Malaysia’s rich Straits and Peranakan heritage.
KUALA LUMPUR (March 16): IJM Corporation Bhd (KL:IJM) said a takeover bid now on the table reflects the low point in its earnings cycle as the company urged shareholders to reject the offer.
KUALA LUMPUR (March 16): IJM Corp Bhd's (KL:IJM) plans to list parts of its assets, including construction and toll road business, could provide shareholders with an alternative pathway to unlock value, analysts said, at a time when the group is weighing a takeover offer from rival Sunway Bhd (KL:SUNWAY).
PETALING JAYA (March 16): Eco World Development Group Bhd (EcoWorld) has partnered JLand Group, the real estate arm of Johor Corp, to jointly develop three projects in Johor and Sydney, Australia, spanning residential, mixed-use and industrial segments.