Earlier this month, Sunway Berhad launched a conditional takeover offer for IJM Corporation Berhad, valued about 11 billion ringgit, largely through a share swap. The deal is framed to create a larger ‘national champion’ in construction and property, but it comes at a tricky time as MACC has launched a probe on IJM. We ask Pankaj C. Kumar, Business Commentator for his view on the valuations and if the deal will materialise.


Image Credit: Shutterstock.com

Earlier this month, Sunway Berhad launched a conditional takeover offer for IJM Corporation Berhad, valued about 11 billion ringgit, largely through a share swap. The deal is framed to create a larger ‘national champion’ in construction and property, but it comes at a tricky time as MACC has launched a probe on IJM. We ask Pankaj C. Kumar, Business Commentator for his view on the valuations and if the deal will materialise. Image Credit: <a target="_blank" rel="noopener noreferrer nofollow" href="http://Shutterstock.com">Shutterstock.com</a>

Opinion and analysis of today’s international and local news that matter to Malaysians. Everything you need to know to start and plan your work.

Opinion and analysis of today&rsquo;s international and local news that matter to Malaysians. Everything you need to know to start and plan your work.