Trading ideas: IJM, TNB, AirAsia, Thong Guan, Seremban Engineering, UEM Sunrise

KUALA LUMPUR: Here is a recap of the corporate announcements making headlines.

IJM Land Bhd, the property arm of IJM Corporation Bhd, has secured eight strategic sites across four London boroughs that provide an estimated gross development value exceeding GBP3.0bn.

The Court of Appeal has upheld the High Court’s decision two years ago to dismiss the Inland Revenue Board’s claim of taxes totalling RM1.8bn against Tenaga Nasional Bhd.

AirAsia MOVE, the travel super-app by Capital A Bhd, has inked a MoU with The Commune Mall, which is expected to open its doors in 3Q2024 in Kulai, Johor, to offer exclusive discounts spanning flights, hotels and rides deals to patrons of the mall.

Thong Guan Industries Bhd is teaming up with the Kedah State Development Corporation to jointly develop 221 units of shop and office lots with an estimated gross development value of RM200.0mn.

Seremban Engineering Bhd…