Sunway Bhd
’s takeover bid for IJM Corporation Bhd
is “not fair” and “not reasonable”, and shareholders should reject the offer, said independent adviser M&A Securities.
Bursa Malaysia Securities Bhd has issued a consultation paper seeking public feedback on proposed rule amendments to facilitate the listing and trading of digital currency ETFs following updated guidelines by the Securities Commission Malaysia.
Chin Hin Group Property Bhd
is buying an industrial property in Kota Damansara from Signature International Bhd
for RM66mn cash for redevelopment purposes.
Eco World Development Bhd has teamed up with Johor Corp Bhd's real estate arm, JLand Group, to undertake two projects in Johor and a residential development in Australia.
EWI Capital Bhd, formerly Eco World International Bhd
, is selling its 2,751 sq m Macquarie Park development land in Sydney to Versione NODE Sdn Bhd for RM89.7mn as part of its strategy to recycle capital and shift towards an investment-led model.
Sunway Real Estate Investment Trust
is establishing a sustainability-linked commercial papers programme of up to RM3bn in nominal value.
EXSIM Hospitality Bhd has secured a RM73.7mn subcontract from Binastra Corporation Bhd for the supply and installation of building services and general building works.
Inta Bina Group Bhd
has secured a RM49mn contract to undertake the main building works for 96 cluster factory units and six electrical substations under “Package 4 — Zone 2 Phase 3” at Malaysia Vision Valley 2.0’s integrated industrial park in Port Dickson.
Propel Global Bhd
’s joint venture with China State Construction Engineering (M) Sdn Bhd has secured RM59.0mn worth of additional works for a data centre development in Johor Bahru.
Scientex Bhd
reported a 9.1% YoY increase in 2QFY26 net profit to RM135.2mn on revenue of RM1.1bn, supported by stronger contributions from both its property and packaging segments.
Careplus Group Berhad
proposes a private placement of up to 77.2mn new shares (≈10% of issued shares) to independent third-party investors, expected to raise up to RM5.3mn depending on the final issue price.
Empire Premium Food Bhd has entered into a retail underwriting agreement with Maybank Investment Bank Bhd for its Main Market IPO on Bursa Malaysia.
Cahya Mata Sarawak Bhd
said its subsidiaries, Samalaju Industries Sdn Bhd and Cahya Mata Phosphates Industries Sdn Bhd have lost an arbitration dispute to Malaysian Phosphate Ventures Sdn Bhd, with the final award issued by the Asian International Arbitration Centre.
Theta Edge Bhd
said its subsidiary is taking legal action against the Energy Commission over the alleged unlawful termination of a contract for the provision of services.
NexG Bhd has appointed businessman Datuk Ishak Ismail and his son, Mohamed Najib Ishak, to its board, along with seven other independent directors, following a short-lived boardroom tussle.
