◉ HEADLINES

Sunway Bhd

IJM Corp confirms Krishnan Tan cleared from MACC investigations

MACC has confirmed that no further prosecution action will be taken and that the matter has been categorised as “No Further Action” (NFA) in relation to investigations

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

End of Bumiputera majority stake? Sunway makes RM3.15 per share takeover offer for IJM Corp

Despite earlier denials, Sunway’s bid to acquire IJM Corp could reshape Malaysia’s construction sector

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

Cleared for layoffs? AirAsia to retrench 20% of workforce in major cost-cutting move

This allegedly involves cabin services, cargo and logistics, engineering and maintenance, as well as the commercial division, according to Scoop’s source

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