On 12 January 2026, the Malaysian corporate scene was shaken when Sunway stunned investors with a multi-billion-ringgit takeover proposal for IJM Corporation. The announcement alone was enough to spark intense market buzz, but things escalated quickly when reports emerged that the authorities were investigating certain individuals linked to IJM over alleged money laundering activities.
Almost immediately, IJM’s reputation took a hit, and its share price started to slide under growing pressure and uncertainty. Investors panicked, analysts speculated, and the market turned volatile.
Yet, in a surprising twist, Sunway has refused to back down.
Despite the controversy and market sentiment turning cautious, Sunway has kept its offer firmly on the table, signalling strong confidence in the long-term value of the acquisition.
This raises the big question:
Why is Sunway still pushing forward with the IJM deal amid controversy and falling confidence?
Some analysts believe Sunway sees a hidden opportunity—buying into undervalued assets during a period of fear. Others think this could be a strategic long-term expansion play, where short-term noise is ignored in favour of future dominance in infrastructure and property.
But critics argue the timing is risky, especially with ongoing investigations that could impact reputation, valuation, and investor trust.
So the real debate is heating up:
- Is Sunway making a bold strategic masterstroke?
- Or is this a high-risk acquisition that could backfire?
- And more importantly—who actually benefits the most if this deal goes through?
One thing is certain: the Malaysian stock market is watching closely, and this story is far from over.
Want to start building your own investment portfolio and explore global trading opportunities?
Get started with up to RM2,000 free to kickstart your investing journey!*
Trade global markets easily with Moomoo today 👇
https://j.moomoo.com/0yid8W
*Limited-time offer. Terms and conditions apply.
#StockMarket #MalaysiaStocks #Sunway #IJM #Investing #Trading #Moomoo #FinanceNews #InvestSmart #MarketUpdate
