Permodalan Nasional Rejects Billionaire Jeffrey Cheah-Backed Sunway’s $2.8 Billion Takeover Bid For IJM

  • Posted on March 17, 2026
  • By Forbes
  • 1 Views
Permodalan Nasional Rejects Billionaire Jeffrey Cheah-Backed Sunway’s $2.8 Billion Takeover Bid For IJM

IJM Corp.'s board last week recommended that shareholders reject the $2.8 billion bid by Malaysian billionaire Jeffrey Cheah's Sunway, deeming the offer too low.
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