PETALING JAYA, NOVEMBER 13, 2017 - IJM Construction Sdn Bhd (“IJM Construction”), a fully-owned subsidiary of IJM Corporation Berhad, was awarded a RM378 million design and build contract from Damansara Uptown Retail Centre Sdn Bhd (a subsidiary of See Hoy Chan Sdn Berhad Group) for the Uptown 8 corporate office tower in Damansara Uptown.

The construction of the 31-storey tower with a net floor area of approximately 480,000 square feet (sq ft) will commence this month and is scheduled for completion in 39 months. Built to attain LEED Gold status and green credentials, the Grade-A office building has two levels of commercial space and 1,387 parking bays which is equivalent to one car park bay for every 345 sq ft of office space, a provision that goes beyond the 500 sq ft-to-one-bay requirement. The environmentally-friendly office tower also features landscaped open space and walkways.

“We are pleased to appoint IJM again as they understand the importance of delivering high-quality outcomes, which is a perfect fit for the Uptown 8 project. Poised to become the most desirable corporate address in this area, Uptown 8 will mark the completion of the gentrification of Damansara Uptown. The office tower will complement Uptown Residences, the Starling Mall and Somerset Damansara Uptown serviced residence, in  line with our target to transform the area into a one-stop gateway to business leisure and home,” said Mr Joe Tan, Chief Executive Officer, See Hoy Chan Sdn. Berhad.

“Uptown 8 is another great addition to IJM Construction’s portfolio of mixed-development projects. We take great pride in partnering with See Hoy Chan for the past three years in their journey to transform Damansara Uptown, which is an outstanding integrated development. The Starling Mall and Somerset Damansara Uptown serviced residence which IJM successfully completed, and now the Uptown 8 office tower will have a significant impact in the new ‘golden square’ of Petaling Jaya,” said Dato’ Soam Heng Choon, CEO & Managing Director, IJM Corporation Berhad.

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About See Hoy Chan

The See Hoy Chan Sdn. Berhad Group has a long and established history in residential property development, dating back to 1963. The Group is behind the enduring success stories of Taman Paramount, Taman Bahagia, Damansara Jaya, Damansara Utama and Damansara Uptown. See Hoy Chan Sdn. Berhad builds on its established history and experience to constantly innovate, providing customers with an even better lifestyle. To this end, the See Hoy Chan Sdn. Berhad Group has expanded its expertise, diversifying its business interests into Property Investment, Facilities Management, Interior Design and Car Park Management.

About IJM Corporation Berhad

IJM Corporation Berhad (“IJM”), formed in 1983, is today one of Malaysia’s leading construction groups and is listed on Bursa Malaysia KLCI. Its business activities encompass construction, property development, manufacturing and quarrying, infrastructure concessions and plantations.

Headquartered in Selangor, its operations are located in 10 countries, with primary focus in Malaysia, India and Indonesia. The Group presently has a market capitalisation of around RM12 billion and as of March 2017, the Group employed around 4,800 employees and had total assets of RM20.9 billion. to the principles of good corporate citizenship for sustainable growth and development.

The Group’s reputation for professionalism, performance and good governance is acknowledged by customers and investors alike from its numerous corporate and industry accolades. IJM is committed to ethical business conduct and subscribes to the principles of good corporate citizenship for sustainable growth and development.