News by Justin Lim

The retirement fund said it acquired 4.07 million IJM shares in three tranches on Feb 3, raising its total shareholding to 714.91 million shares.

Berjaya Corp Bhd (KL:BJCORP) has announced the redesignation of its joint chief executive officer (CEO) Nerine Tan Sheik Ping, to CEO, effective immediately.

IJM is a takeover target of Sunway, which made an offer of 31.5 sen cash per IJM share plus 0.501 new Sunway shares which it will issue at RM5.65 apiece.

MTAG Group Bhd (KL:MTAG) has proposed to acquire a parcel of 7.54-hectare vacant land in Johor Bahru for RM53.58 million in cash, to boost its manufacturing capabilities and production capacity.

Econpile Holdings Bhd (KL:ECONPILE) has bagged a RM24 million sub-contract job for piling and sub-structure works from Al-Ambia Sdn Bhd.

Sunway Real Estate Investment Trust (KL:SUNREIT) posted a marginal 0.36% fall in net property income (NPI) to RM164.96 million for the fourth quarter compared with RM165.55 million a year earlier.

GuocoLand (Malaysia) Bhd (KL:GUOCO), the property arm of Hong Leong Group, said its net profit fell 9.48% to RM6.67 million in the second quarter ended Dec 31, 2025 (2QFY2026) from RM7.36 million a year earlier, despite revenue climbing to a more than three-year high. 

CapitaLand Malaysia Trust (KL:CLMT) is eyeing acquisitions in Penang, Johor and the Klang Valley to expand its industrial and logistics segment, as it works towards a 20% assets under management (AUM) mix by 2028.

Country View Bhd (KL:CVIEW) more than doubled its dividend payout for the fourth quarter of the financial year ended Nov 30, 2025 (4QFY2025) after net profit rose 79.37% year-on-year on higher revenue.

EcoFirst Consolidated Bhd (KL:ECOFIRS) has reported a 28.5% year-on-year decline in second-quarter net profit, due to lower contributions from its businesses.