Malaysian billionaire Jeffrey Cheah's Sunway wins shareholder approval for $2.7B IJM takeover bid

Tomas Kauer - News Moderator

Mar 29, 2026 - 19:00

Malaysian billionaire Jeffrey Cheah's Sunway wins shareholder approval for $2.7B IJM takeover bid

Malaysian billionaire Jeffrey Cheah's flagship conglomerate Sunway has secured shareholder approval for its proposed RM11 billion (US$2.76 billion) takeover of construction firm IJM.

What's Your Reaction?

Like 0

Dislike 0

Love 0

Funny 0

Angry 0

Sad 0

Wow 0

Tomas Kauer - News Moderator

Tomas Kauer - News Moderator

Related Posts

Hong Kong billionaire clan Keswick bet on Singapore property boom with $422M stake acquisition

Hong Kong billionaire clan Keswick bet on Singapore pro...

Tomas Kauer - News... Mar 22, 2026

Gas firm backed by Malaysian billionaire Syed Mokhtar Albukhary secures approval for $765M LNG facility

Gas firm backed by Malaysian billionaire Syed Mokhtar A...

Tomas Kauer - News... Mar 22, 2026

Thailand's multibillion-dollar fishing industry nears a standstill as fuel costs mount

Thailand's multibillion-dollar fishing industry nears a...

Tomas Kauer - News... Mar 29, 2026

Mainland China’s top 5 billionaires have $260B in wealth

Mainland China’s top 5 billionaires have $260B in wealth

Tomas Kauer - News... Mar 15, 2026

Malaysian construction firm IJM’s leaders urge rejection of $2.8B takeover bid from billionaire Jeffrey Cheah’s Sunway

Malaysian construction firm IJM’s leaders urge rejectio...

Tomas Kauer - News... Mar 22, 2026

'Buy Now, Pay Later' traps more young Malaysians in debt cycle

'Buy Now, Pay Later' traps more young Malaysians in deb...

Tomas Kauer - News... Mar 22, 2026