Billionaire Jeffrey Cheah’s Sunway moves ahead with $2.7 billion IJM takeover despite money laundering probe

Sunway City Kuala Lumpur, a former tin mining town transformed into a mixed-use estate by billionaire Jeffrey Cheah. Thanks to Sunway Sun road– controlled by Malaysian billionaire Jeffrey Chea– is going ahead with its 11 billion ringgit ($2.7 billion) takeover bid for Kuala Lumpur-listed construction company IJM, which is facing a money laundering probe. The […]