Job win seen to boost IJM order book to RM9b
IJM Corp Bhd (Nov 14, RM3) Upgrade to buy with an unchanged target price (TP) of RM3.
Construction stocks flat after ECRL launch, but Ann Joo runs up
KUALA LUMPUR (Aug 10): The ground-breaking ceremony of the East Coast Rail Line (ECRL) yesterday failed to lift construction stocks this morning, despite the sector being touted as the biggest beneficiary of the ECRL in the near- to medium-term.
Rail theme still main construction sector driver in 2H17
Construction sector Maintain overweight: Public transport operator Prasarana Malaysia Bhd has awarded the light rail vehicle (LRV) package for the light rail transit 3 (LRT3) to a consortium comprising CRRC Zhuzhou Locomotive Co Ltd, Siemens Ltd China, and Tegap Dinamik Sdn Bhd, according to news reports yesterday.
Construction job awards expected to pick up
Construction sector Maintain positive: Job award momentum is expected to pick up again in the second half of 2017 (2H17) and into 2018.
IJM Corp gets RM451 mil job to design and build UOB Tower 2
KUALA LUMPUR (July 17): IJM Corp Bhd clinched a RM450.
IJM Corp to invest in property project in India
IJM Corp Bhd is set to take part in a property development project in Nagpur, the third-biggest city in the Maharashtra state of India.
IJM Perennial Development unveils The Light City, Penang
PETALING JAYA (May 9): IJM Perennial Development Sdn Bhd, a joint venture between IJM Corp Bhd and Perennial Real Estates Holdings Ltd, has unveiled The Light City, a large-scale integrated mixed-use waterfront development in Gelugor, Penang.
CIMB says KL-Singapore HSR 'relevant' to Gamuda, IJM Corp, WCT
KUALA LUMPUR (Dec 14): CIMB Investment Bank Bhd said the Kuala Lumpur-Singapore High Speed Rail (HSR) bilateral agreement was a "milestone" for the project, which would see bids from Malaysian builders.