IJM Corporation Bhd’s independent adviser has deemed Sunway Bhd’s RM3.15 per share takeover offer as neither fair nor reasonable, recommending shareholders reject the proposal as the offer represents a significant discount of up to 51% compared to IJM’s estimated share value, with the board backing the recommendation
Sultan Ibrahim highlighted the costly A-4 Skyhawk deal as a lesson in scrapping the procurement of 30-year-old Black Hawk choppers, urging Malaysia to avoid past failures in defence strategies
With shoe sponsorship amounting to almost RM200,000, Datuk Nazifuddin Najib says sports should be free from any agenda as the aim is to provide comfort to athletes
