YTL Cement launches RM2.60 offer for CEPCO after securing 53.5% stake
KUALA LUMPUR: Concrete Engineering Products Bhd (CEPCO) has received an unconditional mandatory take-over offer from YTL Cement Bhd at RM2.60 a share in cash.
Sime Property awards additional RM658.01mil hyperscale data centre works to IJM
KUALA LUMPUR: Sime Darby Property Bhd said its subsidiary Sime Darby Property (EBP Asset II) Sdn Bhd has issued a contract valued at RM658.01mil to IJM Construction Sdn Bhd as an extension of works previously awarded for a hyperscale data centre at Elmina Business Park in Selangor.
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KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
Keyfield unit inks RM73mil shipbuilding job
Keyfield International Bhd's wholly-owned subsidiary Keyfield Resolute Sdn Bhd has entered into a contract with Fujian Mawei Shipbuilding Ltd and Fujian Funing Shipbuilding Co Ltd for the shipbuilding of a new dynamic positioning (DP2) anchor handling tug supply (AHTS) with diesel-electric engine for a contract price of US$18mil (RM72.5mil).
Elsa signs IPO underwriting agreement
Elsa Bhd has signed an underwriting agreement with Malacca Securities Sdn Bhd in conjunction with its proposed initial public offering (IPO) on the ACE Market of Bursa Malaysia.
BAT Malaysia to optimise workforce
British American Tobacco (BAT) (Malaysia) Bhd will implement a workforce optimisation exercise from July 1, 2026, as it looks at ramping up its operational efficiency.
Infomina wins RM69mil immigration job
Infomina Bhd has secured a letter of acceptance from the Home Affairs Ministry (KDN) to provide technology infrastructure operations, maintenance and support services to the Immigration Department (JIM), worth RM68.92mil.
BHIC sells Penang land for RM28mil
Boustead Heavy Industries Corp Bhd (BHIC) is disposing of three parcels of industrial land in Pulau Jerejak, Penang, for RM28mil in cash, as part of its efforts to unlock value from non-core assets and strengthen its financial position.
Cheah’s last pitch
Sunway Group founder and chairman Tan Sri Sir Dr Jeffrey Cheah is making a last-ditch effort to convince shareholders of IJM Corp Bhd to accept Sunway Bhd's RM11bil cash-and-share offer, with the closing date looming just around the corner on April 6.
