PETALING JAYA, JULY 17, 2017 – IJM Construction Sdn Bhd (“IJM Construction”), a fully-owned subsidiary of IJM Corporation Berhad, was awarded a RM451 million contract from UOB Properties (KL) Bhd to build a new corporate office tower in Jalan Raja Laut in Kuala Lumpur.

The 29-storey and 193.5-meter-tall UOB Tower 2 will be located adjacent to the UOB Malaysia headquarters. Both buildings will be connected by an elevated plaza. The new building will include a range of facilities including two levels of podium for retail banking, one level of lower ground floor, five levels of basement car park and 27 levels of office space including a green lounge reception and a sky lounge.

Construction of the building will commence in August 2017 and is expected to be completed 40 months from the commencement date.  The building is expected to take its place in Kuala Lumpur’s skyline by early 2021. 

“We are delighted to have been appointed by UOB Malaysia, of one of the best-known banking industry names in Asia, to deliver the full construction works of its new corporate office tower at its headquarters – adding to our portfolio of noteworthy projects across the city centre. Our in-depth experience and expertise will ensure that we can efficiently and effective deliver this project,” said Dato’ Soam Heng Choon, Managing Director & CEO, IJM Corporation Berhad.

Including this project, IJM’s outstanding construction order book currently stands at RM9 billion.

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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 employs around 4,600 employees and has total assets of RM20.5 billion. 

The Group’s belief in a shared destiny with its employees remains pivotal to its growing success while its 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. For more information, visit www.ijm.com