Data Centre Projects To Sustain Construction Sector Growth -- MBSB IB

KUALA LUMPUR, June 10 (Bernama) -- Data centre projects are expected to remain a key growth driver for Malaysia’s construction sector, supported by hyperscaler expansion, growing investments in digital infrastructure and rising power requirements, according to MBSB Bank Investment Bhd (MBSB IB).

IJM Corp FY2026 Net Profit Falls To RM3.24 Mln, Declares Second And Special Dividend

KUALA LUMPUR, May 28 (Bernama) -- IJM Corporation Bhd’s net profit dipped to RM3.24 million for the financial year ended March 31, 2026 (FY2026), from RM403.37 million in the corresponding period last year.

IJM Corp Confirms Krishnan Tan Cleared From MACC Investigations

KUALA LUMPUR, May 15 (Bernama) -- IJM Corporation Bhd announced that its chairman, Tan Sri Krishnan Tan, has been cleared from the Malaysian Anti-Corruption Commission (MACC) investigations concerning the voluntary takeover offer by Sunway Bhd. 

Highway Construction Drives National Economic Growth - Malaysian Highway Authority

By K. Naveen Prabu

KUALA LUMPUR, May 5 (Bernama) — The construction of highways continues to play an important role in stimulating the country’s economic growth through job creation, support for supply chains, and business opportunities, according to the Malaysian Highway Authority (LLM).

MBSB IB Positive On Construction Sector On Resilient Demand, Stronger Project Execution

KUALA LUMPUR, April 8 (Bernama) -- MBSB Investment Bank Bhd (MBSB IB) has maintained a positive stance on the construction sector, backed by resilient private sector demand and stronger public project execution.

IJM Shares Down In Early Trade, Sunway's IJM Takeover Attempts Lapse

KUALA LUMPUR, April 7 (Bernama) -- Share prices of IJM Corporation Bhd declined in early trade on Tuesday, while Sunway Bhd shares were marginally higher as Sunway’s conditional voluntary general offer (VGO) had lapsed after failing to meet the condition of securing over 50 per cent shareholders’ acceptance level in IJM.  

Sunway Takeover Offer For IJM Lapses After Low Acceptances

KUALA LUMPUR, April 7 (Bernama) -- Sunway Bhd expressed appreciation to stakeholders after its conditional voluntary takeover offer for IJM Corporation Bhd lapsed, having failed to secure the required level of acceptances.

Bursa Malaysia Opens Higher, Tracking Wall Street Gains

KUALA LUMPUR, April 7 (Bernama) -- Bursa Malaysia rebounded to open higher on Tuesday, tracking overnight gains on Wall Street.

Sunway, IJM Takeover Lapses After Failing To Meet 50 Pct Voting Shares

KUALA LUMPUR, April 6 (Bernama) -- Sunway Bhd’s takeover offer for IJM Corporation Bhd has lapsed after failing to meet more than 50 per cent of the voting shares, said Maybank Investment Bank Bhd (Maybank IB).

Geohan's Unit Secures RM103 Mln New Pantai Highway Extension Subcontracts

KUALA LUMPUR, April 6 (Bernama) -- Geohan Corporation Bhd’s unit Geohan Sdn Bhd has secured two subcontract packages with a combined value of RM103 million for the New Pantai Highway Extension from IJM Construction Sdn Bhd.

Sunway Eyes Joint Procurement After IJM Takeover, Says President

KUALA LUMPUR, April 2 (Bernama) -- Sunway Bhd plans to implement joint procurement in construction as part of its short-term strategy within nine months of acquiring IJM Corp Bhd.

EPF Abstains From Voting On Sunway’s Takeover Offer For IJM Corp

KUALA LUMPUR, March 27 (Bernama) – The Employees Provident Fund (EPF), as a major shareholder in IJM Corporation Bhd (IJM Corp), has abstained from voting on the takeover offer by Sunway Bhd for IJM Corp.