KUALA LUMPUR, NOVEMBER 8, 2017 - IJM Construction Sdn Bhd (“IJM Construction”), a fully-owned subsidiary of IJM Corporation Berhad, was awarded a RM392 million contract from HSBC to design and build its new Malaysia headquarters at the upcoming international financial district Tun Razak Exchange (TRX).

HSBC building will be a prominent addition to the prestigious TRX City skyline which will include a range of facilities consisting of office space, a sky lounge, mechanical floors, three levels of basement car park and four levels of podium. The building is scheduled for completion in 37.5 months, and is expected to be handed over to HSBC by December 2020.

“IJM is honoured to be working with one of the best-known banking industry names in the world. We take pride in being awarded the contract to build HSBC Malaysia headquarters especially in a development as iconic as TRX, and to be able to add this project to our portfolio of noteworthy projects. This is indeed a testament to our experience and expertise in building prestigious, high-rise developments in the city centre,” said Dato’ Soam Heng Choon, Managing Director & CEO, IJM Corporation Berhad.

“We are excited that our partner HSBC has taken a major step today towards realising its new HQ in Tun Razak Exchange through the appointment of IJM. The presence of HSBC, one of the world’s largest banks, will contribute significantly towards making Tun Razak Exchange a truly global financial district. We are confident that IJM, with its strong track record, will deliver a quality office space that befits HSBC’s global clout and business needs,” said Dato’ Azmar Taib, CEO TRX City Sdn Bhd.

TRX is a 70-acre development that will strengthen Kuala Lumpur’s position as a leading centre for international finance and business by creating a seamless and central business environment for financial services firms, MNCs and supporting firms. It has also signed Prudential and Affin Bank.

Other TRX investors include global property and infrastructure group Lendlease to jointly develop the Lifestyle Quarter; Indonesia’s leading developer Mulia International for its signature tower plot; Lembaga Tabung Haji and WCT Bhd for residential plots, and Veolia Water Technologies as the water treatment and recycling concessionaire.

The world-class financial district will provide best-in-class infrastructure, including international standard safety and security management, an on-site wastewater recycling plant that will halve demand for potable water and highly resilient national grid level electricity network that will service the city beyond TRX’s border. TRX currently holds provisional neighbourhood LEED ND Gold and GBI Township Platinum green certifications, the first district in Malaysia to qualify.

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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 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.