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PETALING JAYA: Analysts have reduced their target price for IJM Corp Bhd and lowered their financial year ended March 31, 2025 (FY25)-FY27 core profit targets for the group following a cut in new order book assumptions.
IJM Corp Bhd has strongly refuted the false and malicious allegations circulating online regarding the company and its leadership.
The price IJM Corp Bhd is paying for 25 Finsbury Circus – formerly known as 1-5 London Wall Buildings – is deemed fair, and the investment is expected to provide an attractive rental yield.
Stepping into IJM Land Centre of Excellence in Bangsar, one might momentarily forget it is still in the heart of Kuala Lumpur.
KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
IJM Corp Bhd has secured a 143-year leasehold interest in the historic 1-5 London Wall Buildings, that has been rebranded as 25 Finsbury Circus.
KUALA LUMPUR: IJM Corp Bhd has acquired a £72.5 million (about RM407.9mil) leasehold interest in the historic 1-5 London Wall Buildings, now rebranded as 25 Finsbury Circus, in London's financial core.
KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
IJM Corp Bhd is anticipating its construction division to stage a better performance for the financial year ending March 31, 2025 (FY25), on the back of its RM6bil order book.
PETALING JAYA: IJM Corp Bhd is anticipating its construction division to stage a better performance for the financial year ending March 2025 (FY25), on the back of its order book in hand of RM6bil.
KUALA LUMPUR: Stocks to watch today include Malaysian Resources Corp Bhd (MRCB), Sapura Energy Bhd, UEM Sunrise Bhd, Citaglobal Bhd and KNM Group Bhd.
KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
IJM Corp Bhd’s proposed acquisition of a 50% stake in British construction group JRL Group Holdings Ltd is viewed positively by analysts as the move will bolster the local outfit’s footprint in Britain.
IJM Corp Bhd expects its construction division to perform better in the financial year ending March 31, 2025 (FY25), on the back of its strong order book of RM6.4bil and potential job wins.
The earnings outlook for IJM Corp Bhd has been revised higher on expectations its construction division will continue to anchor growth while its proposed purchase of a 50% stake in British construction company JRL Group is still a work in progress.
PETALING JAYA: IJM Corp Bhd is proposing to acquire a 50% stake in United Kingdom (UK) - based diversified construction group JRL Group Holdings Ltd for £50mil (approximately RM283mil).
PETALING JAYA: IJM Corp Bhd is proposing to acquire a 50% stake in United Kingdom-based diversified construction group JRL Group Holdings Ltd for £50mil (RM283mil).
PETALING JAYA: IJM Land Bhd the property division of IJM Corp Bhd, through its UK subsidiary RMS (England) Ltd, is developing the second and final phase of Royal Mint Gardens and has leased part of the site to Staycity Group, one of Europe’s leading aparthotel operators, for a flagship its Wilde brand.
PETALING JAYA: IJM Corp Bhd is well positioned for an improved operational performance next year as it gears up for Malaysia’s economic growth.
Should the proposal to build a RM6bil Japanese-inspired underground flood tunnel system in Selangor be approved by the federal government, it could herald a revival of larger-scale flood mitigation schemes.
