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acquisition

PNB to assess Sunway’s voluntary general offer for IJM based on commercial basis

Deputy Prime Minister Datuk Seri Fadillah Yusof said the offer was not a transaction negotiated with any specific shareholder, including PNB

RM1.8 billion deal: Federal, Sarawak governments finalise Bintulu Port takeover

Transport Minister Anthony Loke confirms both governments are at the final stage of negotiations, with legal and financial details being refined before Sarawak assumes regulatory control of the port

Sunway’s takeover bid for IJM to close on April 6

The proposed acquisition, valued at approximately RM11 billion, is contingent on Sunway securing over 50% of IJM’s voting shares by the deadline

◉ Popular

Over 23.6 million to benefit as new electricity tariff kicks in July 1

The Energy Commission has set a new average base tariff of 45.40 sen/kWh for RP4, slightly lower than before, bringing overall electricity costs down by up to 19% compared to the previous regulatory period

Thai oil giant pulls plug on Lang Lebah as Petronas-Petros feud looms large

Once dubbed Malaysia’s ‘project of the year’, Sarawak offshore project now faces an uncertain future amid budget blowouts and state-federal oil disputes with US$1 billion cost overrun

World’s Best Cities 2026 Report: Kuala Lumpur ranks 50th

The capital city shines for, among others, labour force participation, emergence of landmarks, and expansion of business hubs

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