Sunway’s IJM Bid Expands Scale, But Upside Remains Capped

Sunway Berhad’s conditional takeover of IJM Corp at RM3.15 per share expands scale, landbank and infrastructure exposure, but limited valuation upside supports a neutral investment stance for now investors. Sunway Berhad has launched a conditional voluntary takeover offer for IJM Corp, proposing to acquire all outstanding shares at RM3.15 per share. The consideration combines RM0.315 … Continue reading Sunway’s IJM Bid Expands Scale, But Upside Remains Capped