IJM Corp’s 4Q net profit falls almost 30% on credit loss from West Coast Expressway
For the quarter, IJM said construction revenue grew 60.
For the quarter, IJM said construction revenue grew 60.
The contract, which is the first win for the company in 2025, was awarded by Mercu Majuniaga Sdn Bhd.
The contract is for a duration of 24 months from the site possession date, which is expected to be at the end of June.
To undertake the project, a special purpose vehicle will be established with Twinicon holding a 75% stake and Crest Star holding the remaining 25%.
The announcement comes a day after the company won a subcontract job to build the Gerbil data centre for Gamuda Bhd KUALA LUMPUR (May 23): Advancecon Holdings Bhd’s (KL:ADVCON) unit Advancecon Infra Sdn Bhd (AISB) has secured a RM68.
According to the Social Security Organisation (Perkeso), a total of 66,574 work-related incidents were recorded in 2024, comprising 32,936 industrial accidents and the rest from commuting mishaps.
The group said the project awarded on behalf of Messrs Gamuda Bhd is scheduled for completion by Aug 30, 2025.
CEO Priscilla Lim said the masterplan is structured in three phases—short, medium and long term—and will involve both infrastructure improvements and the introduction of new value-added services to meet evolving industry needs.
In the United Arab Emirates, Eversendai Offshore secured a project from Spain’s Dragados Offshore SAU to fabricate structural steel for offshore converter topside blocks for the LanWin2, BalWin3 and LanWin4 offshore grid connection projects in Germany.
“In essence, smart construction, while leveraging technology and data to optimise resource use, reduce waste, and minimise environmental impact, will ultimately lead to more sustainable buildings and construction practices.