IJM Land to be Privatised?


PETALING JAYA: Diversified group IJM Corp Bhd is considering privatising its unit, IJM Land Bhd, via a share-swap deal that may include a cash component, according to sources.

Talk of IJM’s privatisation gained momentum this week, with the company’s shares shooting up close to their all-time high, ending yesterday at RM3.27 apiece.

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