Despite these risks, HLIB made no changes to its earnings forecasts and reiterated its "Accept" recommendation for IJM shareholders. The bank advised shareholders to accept Sunway's offer given that it is within a reasonable margin of the firm's previous target price of RM3.40. "Shareholders can also roll over their investments into the MergeCo, riding on further upside as synergies gradually materialise," it said.

that's a one million dollar question, muhammad asyraf :) HLIB quoted mergeco, synergies. Tough to quantify synergies right now and you can only look at it from Sunway's balance sheet in the future. The aim is to become the largest conglomerate in Malaysia - bigger means having more market power and negotiation power; negotiate better terms.

there were only two options previously - accept the offer or reject the offer. there is now the 3rd option for those that grabbed the opportunity during the chaos, sell it according to your own tp in the open market. Thanks to Mr. Market again.