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

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.