Sunway's US$2.8b bid for IJM shakes up Malaysia's corporate market, fuelling race debate and potential rival offers

CNA · 2026-02-11
Sunway's US$2.8b bid for IJM shakes up Malaysia's corporate market, fuelling race debate and potential rival offers

The bid by property conglomerate Sunway for construction giant IJM is also presenting a policy challenge for Prime Minister Anwar Ibrahim, who has expressed reservations about the proposed takeover in private sessions, his close associates told CNA.