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If shareholding is 50% – 90% → IJM Corporation Berhad remains listed.
If you accept the offer → You’ll receive cash + shares in Sunway Berhad.
If it exceeds 90% → IJM may be delisted.
In that case → Your shares are usually bought by the offeror at the offer price.
true..
The company has consistently urged shareholders not to accept the takeover. If it truly believes in its value, it should first demonstrate that confidence by significantly improving the share price.
