Trading ideas: Sunway, IJM, Binastra, Capital A, Elridge, Oxford Innotech, Steel Hawk, Carimin, SMRT, Reneuco, Suria, KIP REIT, Pantech

TheStar Thu, Jan 22, 2026 08:01am - 3 weeks View Original


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

Sunway Bhd is proceeding with its takeover offer for IJM Corporation Bhd despite an ongoing probe by the Malaysian Anti-Corruption Commission involving the target group.

IJM Corporation Bhd said the freezing of several of its bank accounts by the Malaysian Anti-Corruption Commission has no impact on the group’s day-to-day business operations and reiterated that the allegations were unfounded.

Binastra Corporation Bhd has secured a RM742.9mn contract for the main building works of a high-rise development in Johor Bahru.

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