Trading ideas: SkyWorld, Paramount, UEM, Nationgate, MUI Properties, Tuju Setia, HLBank, Sime Darby, Genting, IJM, Ranhill, YTL, Kossan, Inari, Axiata

TheStar Fri, Nov 28, 2025 08:28am - 3 months View Original


KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.

Skyworld Development Berhad is expanding into Vietnam via the proposed acquisition of 100% equity in MTV Vina An Thuan Phat Company Ltd for VND850bn (~RM133.5mn).

Paramount Corporation Bhd, via its securitisation vehicle Dynamic Gates Sdn Bhd, has agreed to dispose of its George Town tertiary education campus in Penang to Majestic Anson Sdn Bhd for RM75mn cash.

UEM Group Bhd is said to be taking cash-rich UEM Edgenta Bhd private, given the latter's compressed valuation, according to sources familiar with the matter.

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