KUALA LUMPUR, June 10 — Paradigm Real Estate Investment Trust (Paradigm REIT), a local real estate investment trust, plans to acquire three hotels and a commercial gateway over the next three years.

SINGAPORE/HONG KONG, May 8 — United States (US)-listed ride-hailing and food delivery company Grab is looking to strike a deal to take over smaller Indonesian rival GoTo in the second quarter, said two sources with knowledge of the matter.

KUALA LUMPUR, March 15 — Khazanah Nasional Bhd will acquire Innovation Network Corporation of Japan’s (INCJ) stake in Edotco Group, reflecting the strong relationship between Malaysia and Japan.

SINGAPORE, May 7 — Energy giant Shell is in talks with Saudi Arabia's state-owned Saudi Aramco to sell its gas station business in Malaysia, the second-largest such network in the country, four industry sources aware of the discussions said, and a deal could be worth up to US$1 billion (RM4.72 billion).

SINGAPORE, Jan 31 — The Competition and Consumer Commission of Singapore (CCCS) has it an in-depth review has begun on the proposed acquisition of Trans-cab, Singapore's third-largest taxi operator, by ride-hailing company Grab Holdings' unit.

KUALA LUMPUR, Oct 31 — Selangor Dredging Bhd’s (SDB) wholly owned subsidiary Prestij Permai Sdn Bhd has entered into a sale and purchase agreement with Xtra Touch Sdn Bhd to acquire vacant leasehold land together with completed earthworks located in Sepang, Selangor for RM87.9 million.

BRUSSELS, Oct 20 — United States (US) pharmaceutical company Pfizer gained unconditional EU antitrust approval on Thursday for its proposed US$43 billion (RM205 billion) acquisition of cancer drug maker Seagen.

SINGAPORE, Oct 4 — Great Eastern Holdings Ltd's proposed acquisition of AmMetLife Insurance Bhd (AML) and AmMetLife Takaful Bhd (AMT) will enhance its market leadership within the Malaysian insurance and takaful market, said S&P Global Ratings.

NEW DELHI, Sept 15 — An apex panel under India's Defence Ministry on Friday cleared the acquisition of weapons and equipment worth 450 billion rupees (US$5.4 billion) from domestic suppliers.

KUALA LUMPUR, Sept 8 — Pan Malaysia Corporation Bhd (PMC) has proposed to acquire the remaining 49 per cent equity interest in fast-food chain operator A&W (Malaysia) Sdn Bhd from Inter Mark Resources Sdn Bhd, comprising 30.38 million ordinary shares, for RM69.45 million.

SINGAPORE, Aug 28 — Petico, one of Malaysia’s fastest-growing pet food retailers, has acquired the assets of Singapore’s failed pet food retailer, Perromart, paving the way for its expansion across the Causeway and other parts of Southeast Asia.

KUALA LUMPUR, Aug 3 — Sunway Bhd property arm Sunway Property, through its wholly owned subsidiary Sunway Rawang City Sdn Bhd (SRCSB), has signed an agreement to acquire 99.15 hectares at Kuang in Rawang from Kauthar Equities Sdn Bhd for RM115 million.

SINGAPORE, July 20 — Southeast Asian ride-hailing company Grab plans to acquire Singapore's third-largest taxi operator Trans-Cab for around SG$100 million (RM344.84 million), the Straits Times newspaper reported on Thursday, citing sources.

PUTRAJAYA, Dec 27 — The Ministry of Communications and Digital (KKD) is examining the acquisition of the ownership of the management of Kuala Lumpur Tower (KL Tower) from Telekom Malaysia (TM), through its subsidiary Menara Kuala Lumpur Sdn Bhd (MKLSB) by Hydroshoppe Sdn Bhd.

KUALA LUMPUR, Dec 1 — Kumpulan Perangsang Selangor Bhd (KPS) expects to enhance its future profitability on an enlarged earnings base with the acquisition of a 100 per cent equity stake in MDS Advance Sdn Bhd via its wholly-owned subsidiary, Perangsang Dinamik Sdn Bhd, for RM85 million.

SAN FRANCISCO, April 26 — Twitter announced on Monday it has accepted Tesla CEO Elon Musk's offer to acquire the company at US$54.20 a share, valuing the social media platform at US$44 billion.

KUALA LUMPUR, April 11 — The Ministry of Health today received a total of 48,000 pills of Pfizer’s antiviral drug for the treatment of Covid-19, Paxlovid (PF-07321332/Nirmatrelvir 150mg film-coated tablets and Ritonavir 100mg film-coated tablets).

KUALA LUMPUR, July 30 — Axiata Group Bhd and its 66.48 per cent subsidiary PT XL Axiata Tbk has entered into a non-binding term sheet for the proposed acquisition of approximately 66.03 per cent of Indonesia's PT Link Net Tbk (Link Net).

KUALA LUMPUR, Feb 17 — LBI Capital Bhd has proposed to develop properties, which are expected to be launched in the fourth quarter of 2021, in two phases with gross development value (GDV) of between RM220 million and RM240 million.

KUALA LUMPUR, Feb 5 — The Federal Land Development Authority (Felda) has acquired another 1.65 million shares in FGV Holdings Bhd from the open market at RM1.30 per share.