PRESS RELEASES
IJM issues press releases to keep our stakeholders informed about all relevant developments in the Group, including new project wins and launches, financial results, sustainability initiatives, and other company announcements.
IJM’s results surge with triple-digit profit growth
Petaling Jaya, 28 August 2023 – IJM Corporation Berhad (“IJM”) today released its financial results for the first quarter ended 30 June 2023 (Q1 FY2024).
IJM to emerge as 44.8% shareholder of PESTECH International Berhad
PETALING JAYA, 24 July 2023 – Leading construction group, IJM Corporation Berhad (“IJM” or “the Group”), has today announced its subscription to a restricted issue of a 44.8% stake in PESTECH International Berhad (“PESTECH”) for RM124 million. This investment aligns with the Group’s growth strategy to expand its business into an adjacent vertical since its divestment of IJM Plantations Berhad in September 2021 – complementing its construction capabilities, diversifying its value chain portfolio
IJM enters JV to develop leading edge logistics hub, expanding its industrial property portfolio to the Klang Valley
PETALING JAYA, 17 July 2023 – IJM RE Sdn. Bhd., a wholly-owned subsidiary of IJM Corporation Berhad (“IJM”) has entered into a joint venture (JV) agreement with FMM Elmina Sdn. Bhd. (“FMM”). The JV will develop two state-of-the-art logistics hubs in The City of Elmina, Shah Alam.
IJM Construction awarded RM653.6 million contract to build Shah Alam International Logistics Hub
PETALING JAYA, 26 June 2023 – Leading builder, IJM Construction Sdn Bhd (“IJM Construction”), a wholly owned subsidiary of IJM Corporation Berhad (“IJM”) has been awarded a RM653.6 million contract for the design, execution and construction of phase one of the Shah Alam International Logistics Hub (“SAILH”). The project, commissioned by Global Vision Logistics (“GVL”), will establish the country's first green-certified logistics hub, one of the largest in the ASEAN region.
IJM achieves 55.1% improvement in net profit from continuing operations and rewards shareholders with special dividend
Petaling Jaya, 29 May 2023 – IJM Corporation Berhad (IJM) today released its financial results for the year ended 31 March 2023, reflecting a positive outlook ahead. The Construction and Industry Divisions are witnessing encouraging order book replenishment prospects. The Group’s improving outlook is further supported by strong property sales in FY2023, improving cargo throughout at its Port operations, and a complete recovery of tollway traffic to pre-pandemic levels.
IJM Land partners with Network Rail to explore and develop multiple sites in the United Kingdom
LONDON, 16 May 2023 – IJM Land Berhad (IJM Land), via its 51%-owned subsidiary, RMS (England) 2 Limited (RMS 2), will partner with Network Rail to explore development opportunities on land adjacent to the railway and through oversite developments in Network Rail’s portfolio in the United Kingdom.
IJM commits to net zero carbon emissions by 2050 as it outlines climate strategy
Petaling Jaya, 11 April 2023 – IJM Corporation Berhad (“IJM” or “the Group”) today outlined its Climate Strategy that will employ a two-pronged approach, namely its transition to net zero and adaptation to climate resilience.
MCKIP celebrates 10 years of successful bilateral and investment opportunities
KUANTAN, 7 April 2023 – The Malaysia China Kuantan Industrial Park (MCKIP) celebrates its 10th anniversary, marking a decade of successful collaboration between Malaysia and China. Established in 2013, MCKIP has since become a leading industrial hub in the East Coast Region, attracting investments from various industries and driving economic growth.
IJM appoints Lee Chun Fai as new Group CEO & MD
PETALING JAYA, 3 February 2023: Leading construction and property group, IJM Corporation Berhad (“IJM” or “the Group”) announced today the appointment of Mr. Lee Chun Fai as Group Chief Executive Officer & Managing Director (“CEO & MD”), effective 1 April 2023. Mr. Lee, currently Deputy CEO & Deputy MD, will succeed Mr. Liew Hau Seng, who has announced his intention to retire effective 31 March 2023.
IJM releases Financial Results for Quarter ended 30 September 2022
Petaling Jaya, 25 November 2022 – IJM Corporation Berhad (“IJM” or “the Group”) today released its financial results for the second quarter ended 30 September 2022 (2Q FY2023).