Sunway’s $2.7 Billion IJM Bid Questioned Over Bumiputera Rights

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Sunway Bhd.'s proposed $2.7 billion takeover of IJM Corp Bhd. is facing scrutiny over concerns that it may dilute Bumiputera rights and government equity interests.

Market Impact

Market impact analysis based on bearish sentiment with 70% confidence.

Sentiment
Bearish
AI Confidence
70%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

Sunway Bhd.’s proposed 11 billion ringgit ($2.7 billion) takeover of IJM Corp Bhd. is drawing political scrutiny over concerns that it could dilute both the equity interests of the government and the rights of Malaysia’s indigenous majority.

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Original article published by Bloomberg on January 19, 2026.
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