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Post-takeover of UMW by Sime Darby, Toyota Hilux and Ford Ranger to be frienemies under one group

Following yesterday’s announcement by Sime Darby Berhad to acquire 61.2 percent of UMW Holdings for RM 3.57 billion, it’s still business as usual at UMW Toyota Motor (and Perodua) this morning, but th ....

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Mandatory general offer for IJMP extended

PETALING JAYA: The mandatory general offer by Kuala Lumpur Kepong Bhd (KLK) to acquire all the remaining ordinary shares in IJM Plantations Bhd (IJMP) has been extended from 5pm on Oct 11 to 5pm on Oct 25. ....

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