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IJM Corporation

IJM shares dip as Sunway takeover offer lapses

Market reacts to failed VGO as analysts highlight long-term value potential

Sunway takeover bid for IJM fails to gain majority support

Offer lapses as conglomerate secures only 33.4% of voting shares

IJM deal: reasonableness of the takeover and makeover – Saleh Mohammed

Independent analysis flags a 46–51% undervaluation, raising concerns over dividends, transparency, and long-term shareholder value

MACC collaborates with UK’s SFO on RM2.5 billion IJM Corporation investigation

Investigation centres on foreign assets and financial transactions, with a focus on anti-money laundering concerns.

MACC probe: IJM’s Tan Sri Krishnan Tan denies involvement in daily operations

Non-executive chairman assures full cooperation with authorities amid graft investigation
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