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Sunway will 'walk away' if IJM takeover bid fails, says founder Jeffrey Cheah

PETALING JAYA: Sunway Bhd is prepared to walk away from its proposed acquisition of IJM Corporation Bhd if shareholders do not accept the conglomerate’s offer by the April 6 deadline, its founder and ...
Bloomberg L.P.

Sunway Is Willing to Walk Away If $2.7 Billion IJM Bid Rejected

Sunway Bhd. is prepared to walk away from its offer to acquire IJM Corp. if the builder’s shareholders do not accept the conglomerate’s deal by the April 6 deadline, said Sunway founder Jeffrey Cheah.
Forbes

Malaysian Billionaire Jeffrey Cheah’s Sunway Walks Away From $2.8 Billion IJM Bid

This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. Jeffrey Cheah, founder and executive chairman of Sunway. Sunway—the flagship company of ...
Business Times

Sunway’s IJM takeover bid lapses after falling short of acceptance threshold

[KUALA LUMPUR] Sunway’s RM11 billion (S$3.5 billion) takeover bid for IJM Corp failed after falling short of the minimum shareholder acceptances by the Apr 6 deadline, scuttling one of Malaysia’s ...