PLUS Expressways Bhd. , Malaysia’s biggest toll-road operator, rose to a record in Kuala Lumpur stock trading after Jelas Ulung Sdn. offered 26 billion ringgit ($8.3 billion) for the company, topping a rival bid.
Malaysian opposition leader Anwar Ibrahim, who was jailed for corruption and sodomy, predicted a smooth transition when his coalition ousts the government that has ruled Malaysia for 55 years in elections that may be held within weeks.
Tenaga Nasional Bhd. , Malaysia’s state-controlled generator, will bid for a 7 billion-ringgit ($2.1 billion) government project to upgrade power plants as the economic recovery boosts electricity demand.
Khazanah Nasional Bhd., Malaysia’s state investment company, may raise as much as S$500 million ($354 million) from the biggest sale of Islamic bonds, or sukuk, denominated in neighboring Singapore’s currency.