◉ 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

Petronas staff to be shown the door to make up losses from Petros deal?

Source claims national O&G firm is expected to see 30% revenue loss once agreed formula for natural gas distribution in Sarawak is implemented

InDrive faces termination for flouting guidelines

It is the second Russian e-hailing app after Maxim to face ban by Land Public Transport Agency

Duck and cover? FashionValet bought Vivy’s 30 Maple for RM95 mil in 2018

Purchase of Duck's holding company which appears to be owned wholly by Datin Vivy Yusof and husband Datuk Fadzarudin Shah Anuar was made same year GLICs invested RM47 mil

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