Trading ideas: IOIPG, Binastra, Sunway, IJM, CelcomDigi, Nestle, Southern Cable, Oasis, SBS, Kee Ming, F&N, AME REIT

TheStar Thu, Feb 05, 2026 08:12am - 1 month View Original


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

IOI Properties Group Bhd said it has signed an agreement to sell 136 acres of land at its industrial park in Banting, Selangor, to Bridge Data Centres Malaysia VII Sdn Bhd for RM740.7mn.

Binastra Corporation Bhd has secured a RM503.0mn contract from Exsim Sri Permai Sdn Bhd for a proposed data centre development at Jalan Sri Permasuri, Kuala Lumpur.

According to Deputy Prime Minister Datuk Seri Fadillah Yusof, Permodalan Nasional Bhd will assess Sunway Bhd’s voluntary general offer for IJM Corporation Bhd based on commercial considerations and the decision to accept or reject the offer will be made independently.

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