Malaysian billionaire Jeffrey Cheah’s Sunway to proceed with IJM takeover bid despite money laundering probe

Jan 25, 2026 - 20:00
Malaysian billionaire Jeffrey Cheah’s Sunway to proceed with IJM takeover bid despite money laundering probe
Malaysian billionaire Jeffrey Cheah’s conglomerate Sunway is proceeding with its RM11 billion (US$2.7 billion) takeover offer for construction giant IJM despite an ongoing money laundering investigation involving the latter.

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