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
FAM supports Sarawak’s grassroots football ambitions but insists any future professional competition must be sanctioned and integrated into Malaysia’s official football pyramid to ensure recognition, player eligibility and access to national and AFC pathways
The Asian Football Confederation says it did not instruct the Football Association of Malaysia’s executive committee to resign, warning that symbolic exits without deep governance reforms would be meaningless as FIFA sanctions loom
