This strong project portfolio has strengthened IJM Construction's order book to RM7 billion, comprising high-profile private and public sector projects in building construction and civil engineering, ensuring near-term earnings visibility, said IJM.
The new 20,000-square-foot design centre will focus on the development of next generation high-speed digital and analog instrumentation.
The planned launches consist of The Lume, a 261-unit residential condominium with a GDV of RM689 million, Marina, a serviced apartment project with an estimated GDV of over RM600 million and phase two of Senna and Fera, a 68-unit landed home project with an estimated GDV of nearly RM300 million, its managing director Kok Tuck Cheong told a press conference after the company’s 4QFY2024 result briefing on Tuesday.
The proposed acquisition is in line with the company’s goal to build more affordable homes towards its objective of completing 50,000 affordable homes throughout the nation by 2028.
Over the next 15 years, the plant is projected to create nearly 3,000 skilled jobs, and “significantly reduce production cycles, enhancing efficiency and competitiveness in the semiconductor industry”.
LFE said its wholly owned subsidiary LFE Engineering Sdn Bhd had accepted two letters of awards from MLG Design & Construction Sdn Bhd to be appointed as a subcontractor for the hotel project in George Town.
With a total gross development value (GDV) of RM300 million, the 36-storey Iconic Harmony comprises 751 residential units that come with two bedrooms and two bathrooms.
IJM Bayouri is a 70-acre freehold mixed-development located in Jawi, Seberang Perai South.
The exercise had comprised 1.
SRS Consortium is being offered the contracts on the so-called single sourcing request-for-proposal mechanism, Transport Minister Anthony Loke Siew Fook said in a statement.
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