IJM lands another data centre contract at Elmina Business Park, this time worth RM874m
IJM said the contract was awarded by Pearl Computing Malaysia Sdn Bhd, a subsidiary of Raiden APAC Pte Ltd, to its wholly-owned unit IJM Construction Sdn Bhd.
IJM said the contract was awarded by Pearl Computing Malaysia Sdn Bhd, a subsidiary of Raiden APAC Pte Ltd, to its wholly-owned unit IJM Construction Sdn Bhd.
The tool will serve as a benchmarking system for contractors to evaluate the level of digital integration within their operations.
Net profit increased to RM39.
Shaiful succeeds Syahrunizam Samsudin, who resigned at the end of August to take the helm of independent power producer Malakoff Corp Bhd.
Effective July 1, 2025, the measures include a one-year exemption for non-reviewable contracts, separation of taxable service and non-taxable material components in mixed contracts, and exemption for residential portions in mixed developments.
The improved earnings were attributed to accelerated progress billing for the KL 48 project, as well as lower administration expenses and finance costs.
An open tender for the second main civil works package (CMC2)—which covers the alignment from Macallum to Penang Sentral, including a bridge across the Penang Strait—will be launched soon.
The job involves building the superstructure for a 45-storey apartment block, a seven-storey car park and amenities floors, and a guardhouse.
Last Friday, the construction company announced that it has secured a RM1.
In a joint statement, Master Builders Association Malaysia (MBAM), Persatuan Kontraktor Bumiputra Malaysia (PKBM) and Persatuan Kontraktor India Malaysia (PKIM) said the sudden enforcement, introduced without a transition period, risks paralysing the construction sector.