Newsfeed – Business News
IJM board concurs, urges shareholders to reject Sunway offer
KUALA LUMPUR: IJM Corp Bhd’s board concurs with independent adviser M&A Securities Sdn Bhd that the takeover offer by Sunway Bhd is “not fair and not reasonable”, and has recommended […]
EcoWorld, JLand to jointly develop RM2.5bil projects in Johor and Sydney
PETALING JAYA: Eco World Development Group Bhd (EcoWorld Malaysia) has teamed up with Johor Corp’s JLand Group through its subsidiary JLG Investment Holdings Sdn Bhd (JLGIH) to jointly develop three […]
Bursa Malaysia seeks public feedback on proposed rule amendments for digital currency ETFs
KUALA LUMPUR: Bursa Malaysia Securities Bhd has issued a consultation paper seeking public feedback on the proposed rule amendments to facilitate the listing and trading of digital currency exchange‐traded funds […]
Ringgit rises against other currencies, eases vs US dollar at close
KUALA LUMPUR: The ringgit ended higher against other major currencies but eased against the US dollar at Friday’s close as investors remained cautious amid the escalating conflict in West Asia, which […]
Inta Bina wins RM49mil construction contract from Eco Business Park
PETALING JAYA: Inta Bina Group Bhd’s wholly-owned subsidiary Inta Bina Sdn Bhd has received a letter of award from Eco Business Park 7 Sdn Bhd to undertake main building works […]
SunREIT to establish RM3bil sustainability-linked CP programme
KUALA LUMPUR: Sunway Real Estate Investment Trust (SunREIT) plans to establish a sustainability-linked commercial papers (SLCPs) programme of up to RM3bil in nominal value. Read full story Date: 13 March, […]
EWI Capital disposes Sydney Macquarie Park land for RM89.7mil
PETALING JAYA: EWI Capital Bhd, formerly known as Eco World International Bhd, is exiting its Macquarie Park development in Sydney, selling the land to Versione NODE Sdn Bhd for RM89.66mil. […]
Exsim Hospitality unit secures RM73.7mil subcontract from Binastra
PETALING JAYA: Exsim Hospitality Bhd’s wholly-owned subsidiary, Exsim Concepto Sdn Bhd (ECSB), has secured a sub-contract work deal to supply and install building services and general building works from Binastra […]
FBM KLCI slips below 1,700 again amid Middle East tensions, oil surge
KUALA LUMPUR: The FBM KLCI slipped below the 1,700-mark again for the second time this week, tracking weakness across regional markets amid escalating Middle East tensions and surging oil prices. […]
Empire Sushi owner signs IPO underwriting agreement with Maybank IB
KUALA LUMPUR: Empire Premium Food Bhd has entered into a retail underwriting agreement with Maybank Investment Bank Bhd (Maybank IB) for its initial public offering (IPO) and proposed listing on the Main […]