HEADLINES

IJM Corp

EPF rejects Sunway’s IJM takeover offer as valuation concerns deepen: reports

Fund becomes second major GLIC after PNB to turn down RM3.15-per-share bid, even as Sunway secures overwhelming shareholder backing

IJM clarifies MACC probe targets individuals, not company

Malaysian Anti-Corruption Commission investigation limited to select executives, says construction and infrastructure group

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

Board not aware of proposal: IJM denies merger talks with Sunway Bhd

Both companies clarify that no discussions have taken place, despite media reports of a potential share exchange deal

Sunway-IJM proposed merger to create mega construction firm

However, the deal may put focus on Bumiputera, national interests

Popular

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Govt has settled RM42bil of 1MDB debt, total obligations exceed RM50bil: Anwar

Anwar reveals over RM9 billion in remaining debt, with government funds covering the shortfall

Malaysia Airlines, SIA join rush to cancel Middle East flights as Iran-US-Israel strikes escalate

More countries announce airspace closures as carriers suspend flights on Feb 28 and March 1, passengers reminded to check for updates on subsequent flights