New titan rises as Malaysia’s Sunway makes RM11 billion move on construction bigwig IJM

Malaysian blue-chip conglomerate Sunway has rolled out a RM11 billion (S$3.5 billion) share-and-cash takeover of IJM Corporation, aiming to combine two of the country’s largest construction and property players into a powerhouse with a market value of nearly RM50 billion.

https://bt.sg/HyMp