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Sunway Bid for IJM Gets Complicated

Pankaj C. Kumar, Business Commentator

26-Jan-26 07:30

Sunway Bid for IJM Gets Complicated

Earlier this month, Sunway Berhad launched a conditional takeover offer for IJM Corporation Berhad, valued about 11 billion ringgit, largely through a share swap. The deal is framed to create a larger ‘national champion’ in construction and property, but it comes at a tricky time as MACC has launched a probe on IJM. We ask Pankaj C. Kumar, Business Commentator for his view on the valuations and if the deal will materialise.

Image Credit: Shutterstock.com

Produced by: Jake Lim

Presented by: Wong Shou Ning, Philip See


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Categories:  Corporates

Tags:  sunway,  ijm,  mergers and acquisition,  macc,  investors, 


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