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 Annual General Meeting 2022
Petaling Jaya, 25 August 2022 – IJM Corporation Berhad (“IJM” or “the Group”) held its 38th Annual General Meeting (“AGM”) at its headquarters in Petaling Jaya today. Meeting proceedings were broadcasted to shareholders via remote participation and electronic voting on a designated online meeting platform.
IJM releases Financial Results for Quarter Ended 30 June 2022
Petaling Jaya, 24 August 2022 – IJM Corporation Berhad (“IJM”) today released its financial results for the first quarter ended 30 June 2022 (Q1 FY2023).
IJM and CHEC’s mixed development and logistics hub set to be game changer for the east coast
Petaling Jaya, 3 August 2022 – IJM Corporation Berhad (“IJM”) has recently entered into a strategic partnership with China Harbour Engineering Company Ltd. (“CHEC”) for the development of Malaysia-China Kuantan International Logistics Park (“MCKILP”), an integrated mixed development and logistic hub in Kuantan. This marks IJM’s first foray into the industrial and logistics market to meet the growing logistics demands in the east coast region.
IJM Group inks RM360.0 Million Sukuk Murabahah subscription with CIMB
Kuala Lumpur, 18 July 2022 – IJM Corporation Berhad (“IJM”), via its wholly-owned subsidiary, Fairview Valley Sdn Bhd (“Fairview Valley”), have today entered into a subscription agreement with CIMB Investment Bank Berhad and CIMB Islamic Bank Berhad (collectively “CIMB”) for its proposed inaugural RM360.0 million nominal value Sukuk Murabahah to be issued under an Islamic Medium Term Notes Programme based on the Shariah-principle of Murabahah (via Tawarruq arrangement) (“Sukuk Murabahah Programm
IJM strengthens executive leadership to support growth strategy
PETALING JAYA, 23 June 2022 – IJM Corporation Berhad (“IJM” or “the Group”) is pleased to announce today the appointments of Datuk Wong Tuck Wai as Chief Executive Officer of IJM Land Berhad, effective 1 July 2022; and Mr. Vino Kumar Selvabalakrishnan as Chief Executive Officer of Kuantan Port Consortium Sdn Bhd effective 27 June 2022.
Improving outlook across all business divisions
Petaling Jaya, 27 May 2022 – IJM Corporation Berhad (IJM) sees encouraging prospects ahead as its order book replenishment outlook for the Construction and Industry Divisions brighten. The Group’s improving outlook is further supported by its record property sales in FY2022, the entry of new major investors into the Malaysia China Kuantan Industrial Park (MCKIP), as well as a natural traffic recovery experienced at its tollways.
IJM officiates record-setting tollway in India
Petaling Jaya, 27 April 2022 – IJM Corporation Berhad (“IJM” of “the Group”) has achieved another milestone with the highly anticipated opening of the Solapur-Bijapur tollway built by its Indian arm, IJM (India) Infrastructure Limited (“IJM India”). India’s Honourable Union Minister for Road Transport and Highways, Shri Nitin Gadkari inaugurated the four-lane 110 km tollway at a ceremony in Solapur, Maharashtra state on Monday.
IJM divisions showing signs of strong recovery
Petaling Jaya, 24 February 2022 – IJM Corporation Berhad (IJM) today released its financial results for the third quarter ended 31 December 2021 (3Q FY2022). Excluding the results of discontinued operations, the Group reported revenue and PBT for 3Q FY2022 at RM1,268.0 million and RM158.6 million, respectively.
Catalysts seen across all IJM divisions as business activities pick up
Petaling Jaya, 29 November 2021 – IJM Corporation Berhad (“IJM” or “the Group”) today released its financial results for the second quarter ended 30 September 2021 (2Q FY2022). Group revenue for 2Q FY2022 declined 24.8% to RM1,075.0 million from RM1,428.7 million reported in the corresponding quarter last year. The Group’s profit before tax (PBT) increased by 336.0% to RM705.6 million in the quarter (2Q FY2021: RM161.8 million).
IJM Construction bags three contracts totalling RM680 million
PETALING JAYA, 26 November 2021 – Leading builder, IJM Construction Sdn Bhd (“IJM Construction”), a wholly owned subsidiary of IJM Corporation Berhad (“IJM” or “the Group), has secured three construction contracts worth RM680 million: two residential high-rise developments in Kuala Lumpur and a factory in Penang.