IJM puts off toll-listing, awaits clarity from govt

IJM Corporation Berhad Chief Executive Officer & Managing Director Datuk Soam Heng Choon (centre) with IJM Corporation Berhad Deputy Chief Executive Officer & Deputy Managing Director Lee Chun Fai (left) and IJM Corporation Berhad Chief Financial Officer Cyrus Eruch Daruwalla (right) at the 35th Annual General Meeting and Media briefing in Subang Jaya, yesterday. - MUHAMAD SHAHRIL ROSLI/The Star

PETALING JAYA: IJM Corp Bhd is putting off its plans to list its toll division pending greater clarity from the government, said CEO and managing director Datuk Soam Heng Choon (pic).

“With the new Pakatan Harapan government in place, there have been plenty of discussions on whether tolls would still be there ... so we need to get some clarity on this front before anything else. But for us, there is also no requirement to list the toll business and it has been there for quite a while,” Soam said at a press conference after IJM’s AGM yesterday.