06/01/2026
Trading ideas: CIMB, Sunway, Glomac, Apex Healthcare, Ingenieur, Infoline, MMAG, MSB, Pan Malaysia, Zetrix, Saliran, GHS
KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
CIMB Group Holdings Bhd said its investment banking arm, CIMB Investment Bank Bhd, along with 11 other parties, has been served with a RM1.38bn lawsuit by sukuk holders of MEX II Sdn Bhd.
Sunway Bhd said it has acquired three parcels of land in Selangor and Penang for a total consideration of RM179.8mn to strengthen its presence in key urban growth corridors.
Glomac Bhd said its subsidiary, Glomac Al Batha Sdn Bhd, is disposing of two parcels of leasehold land in Puchong, Selangor, to Sunway Kiara Sdn Bhd for RM97.3mn.