Company will launch IPO next month and debut on Bursa Malaysia’s Main Market on Sept 9, aiming to use proceeds to open more stores, set up distribution centres, buy trucks, repay loans
There has been a spate of viral videos showing vehicles from neighbouring countries such as Thailand and Singapore being filled with Malaysia's heavily subsidised RON95 petrol, indicating a blatant disregard for local laws.
The Malaysian Anti-Corruption Commission is probing IJM Corporation over alleged money laundering and possible share price manipulation involving RM2.5bil, a probe that could jeopardise Sunway Group’s proposed RM11.5bil takeover of the construction giant
