KUALA LUMPUR, Sept 4 (Bernama) -- Bursa Malaysia ended lower on the final trading day of the week, weighed down by the plantation sector as investors locked in gains following its recent strong performance. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 7.03 points 1,708.10, compared with yesterday’s close of 1,715.13. The benchmark index opened 1.39 points lower at 1,713.74 and fluctuated between 1,704.86 and 1,715.20 throughout the day. The broader market was negative with losers outnumbering gainers 568 to 523, while 596 counters were unchanged, 1,085 untraded and 19 suspended. Turnover expanded to 4.33 billion units valued at RM2.98 billion from 3.90 billion units valued at RM3.21 billion on Thursday.
Malaysia’s corporate scene turned active with a proposed RM11 billion mega-merger , major data centre investments , and portfolio rationalisation moves across construction, energy, tech and utilities. Key Corporate Developments Sunway–IJM Mega Deal Sunway Bhd plans to acquire IJM Corp Bhd in a cash-and-share deal worth over RM11 billion . Each 1,000 IJM shares : RM315 cash + 501 Sunway shares Combined entity could rival Gamuda Bhd by revenue Land bank GDV: RM118.1 billion Outstanding construction jobs: RM13 billion HE Group Secures New Contract HE Group Bhd won a RM12.6 million power distribution contract via its subsidiary Hexatech Engineering. Project duration: 10 months Completion target: Nov 30, 2026 Awantec Gets Cloud Contract Extension AwanBiru Technology Bhd received a six-month extension to continue managing Google Cloud services for the...