Our website is made possible by displaying non-intrusive online advertisements to our visitors.
Please consider supporting us by disabling or pausing your ad blocker.
not feasible to accept it. 315 to buy over a well established firm is pretty cheap, with the bal 90% in share swap is risky, it may go south to somewhere 3+.
The falling price may be used as a psychological tactic to influence IJM shareholders. It pressures them to give up their shares and accept Sunway’s offer.
For those who bought the stock at a high price, holding on may no longer seem worth it. Accepting the offer might feel like the only practical option a way to cut losses and move on.