Prudential Assurance Malaysia, A Four Decade Partnership

Timeline Description 1985 Prudential Assurance Malaysia was established as a joint venture between Prudential plc and Berjaya Corporation Berhad. 1990 to 1999 Expanded rapidly alongside Malaysia’s economic growth, building a nationwide agency network. 2000 to 2010 Shareholding gradually consolidated under Detik Ria, reflecting evolving ownership dynamics. 2019 Legal dispute emerged between Prudential plc and Detik […]

Sunway–IJM Acquisition,A High-Stakes Takeover Battle

Timeline Description 2026 The board of IJM Corporation Berhad rejected a RM11 billion takeover offer from Sunway Berhad at RM3.15 per share, structured as 90% shares and 10% cash. The offer would give IJM shareholders a 20.6% stake in the enlarged Sunway group. 2026 Independent adviser M&A Securities assessed IJM’s fair value significantly above the […]