Sunway’s Cheah makes last-ditch bid for IJM shareholders’ backing | TheStarTV.com

Sunway’s Cheah makes last-ditch bid for IJM shareholders’ backing

Published on 31 Mar 2026 10:51:21 PM

Sunway Group founder and chairman Tan Sri Sir Dr Jeffrey Cheah is making a last-ditch effort to convince shareholders of IJM Corp Bhd to accept Sunway Bhd’s RM11bil cash-and-share offer, with the closing date to accept the offer looming just around the corner on April 6.

In a briefing to select media, Cheah noted that Sunway’s total shareholder returns have grown 387% over the 2016 to 2025 period versus IJM’s, which have seen returns decrease by 9%.

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news, thestartv, the star, sunway, jeffrey cheah, shareholder, ijm, con

Sunway Group founder and chairman Tan Sri Sir Dr Jeffrey Cheah is making a last-ditch effort to convince shareholders of IJM Corp Bhd to accept Sunway Bhd’s RM11bil cash-and-share offer, with the closing date to accept the offer looming just around the corner on April 6.

In a briefing to select media, Cheah noted that Sunway’s total shareholder returns have grown 387% over the 2016 to 2025 period versus IJM’s, which have seen returns decrease by 9%.

WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline

Keywords:
news, thestartv, the star, sunway, jeffrey cheah, shareholder, ijm, con

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