MQ Market Updates - 04 June 2025
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IOI Properties Group Bhd (IOIPG) is acquiring the remaining 50.1% stake in Singapore's South Beach development from City Developments Ltd (CDL) for RM2.75 billion.
I-Bhd (IBHD) has announced an initial commitment of RM10 million to roll out artificial intelligence (AI) and robotics infrastructure across its portfolio over the next four years to 2028.
Oil and gas services provider Deleum Bhd (DELEUM)'s 70 per cent acquisition of PT OSA Industries Indonesia (PT OSA) for RM31.3 million is set to enhance its presence in Southeast Asia.
A RM250 million integrated commercial and lifestyle hub developed by Matrix Concepts Holdings Bhd (MATRIX), is set to officially open its doors on June 28.
UEM Sunrise Bhd (UEMS) has appointed Azmy Mahbot as its chief business officer, effective June 1.
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