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双威、IJM与马来西亚合并案中的政治博弈

该收购提议引发了一场轩然大波，其影响远超商业考量。

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Anita Gabriel

Anita Gabriel

Published Mon, Feb 23, 2026 · 01:10 PM
    • 吉隆坡双威城景观。如果双威集团认为规模将决定建筑和房地产领域的下一个竞争优势，那么其对IJM的收购时机就是合理的。
    • 吉隆坡双威城景观。如果双威集团认为规模将决定建筑和房地产领域的下一个竞争优势，那么其对IJM的收购时机就是合理的。 图片来源：SUNWAY GROUP

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    几十年来，Sunway Group的风格一直反映着其创始人的性情。

    作为马来西亚最富有的人之一，Jeffrey Cheah的行事风格向来稳健。他曾是一名会计师，从锡矿开采起家，将废弃的土地改造成了总体规划的城镇。他通过增设购物中心、医院和学校来丰富业务布局，将收入基础从不稳定的房地产收益扩大到经常性收入。其商业模式是渐进且审慎的。

    如今，Sunway的业务横跨13个领域，从采石、建筑到医疗保健和金融科技，是东南亚最多元化的巨头之一。它经营的都是基础性行业，而非光鲜亮丽的领域。尽管规模庞大，但它很少主动寻求或卷入争议事件。

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