After hours in the business world, Genting Bhd made headlines with a RM6.74 billion takeover offer for Genting Malaysia at RM2.35 a share, a move that could lead to the latter’s delisting. IPO-bound MMCS meanwhile set its sights on growth opportunities from Budget 2026’s RM470 billion digitalisation drive, focusing on AI and cybersecurity.
In corporate appointments, former Malaysia Airports Holdings CEO Raja Azmi Raja Nazuddin joined the board of PBA Holdings as an independent non-executive director. Separately, HeiTech Padu announced that its National Integrated Immigration System (NIISe) contract had been revised to RM1.05 billion, strengthening its portfolio in government digital infrastructure.
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