KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
Sunway Bhd
is proposing a conditional voluntary take-over offer to acquire all shares in IJM Corp Bhd at RM3.15 per share, valuing the construction and property group at about RM11.0bn if the offer is fully accepted.
Telekom Malaysia Bhd said its joint venture with Nxera has secured a multi-year electricity supply for a planned 280MW data centre campus in Iskandar Puteri, Johor.
Lianson Fleet Group Bhd's unit Icon Piai 1 (L) Inc has disposed of the Yinson Hermes anchor handling tug and supply vessel for RM40.7mn.
HE Group Bhd has secured a RM12.6mn contract to undertake power distribution system works for a Malaysia-based electronic products manufacturer.
Vantris Energy Bhd's indirect wholly owned subsidiary, Sapura Nautical Power Pte Ltd, will divest its 40% equity interest in L&T-Sapura Shipping Pvt Ltd to its India-based joint venture partner Larsen & Toubro Ltd for US$30.5mn.
IGB Bhd’s associates have disposed of UK-based assets, including the St Giles Hotel London, for a total of £220mn (RM1.2bn).
Favelle Favco Bhd is proposing to acquire France-based Seram Industries SAS from Marec Industrie SAS for an initial purchase price of 7.5mn euros (RM36.0mn), with conditional deferred consideration of up to 2.5mn euros (RM12.0mn) in cash.
Awanbiru Technology Bhd has secured a second six-month extension of its cloud framework agreement with the government, under which it manages and delivers Google Cloud services to the government.
Rexit Bhd will be traded and quoted under the new name Openmove AI Bhd and stock short name, OMAI, with effect from 9am on Jan 14, 2026. following an announcement by Bursa Malaysia Bhd.
Melati Ehsan Holdings Bhd has redesignated its chief operating officer, Datuk Cheah Jit Peng, to chief executive officer.
