IJM News

IJM to Pay Special Dividend; Shares Up 10%

IJM (KLSE:IJM) will pay a special single-tier dividend of 0.01 ringgit per share for the financial year ending March 31, according to a Wednesday Malaysian bourse filing. The Malaysian conglomerate wi

MT NewswiresMay 30 15:12

IJM Corp shares hit record high after 4Q beat

Shares in IJM Corp Bhd (KL:IJM) hit a record high in early trade on Thursday after the construction-and-property company reported better-than-expected results for the fourth quarter ended March 31, 2024 (4QFY2024).

The Edge MarketsMay 30 10:00

IJM's 4Q Net Profit Swells, Declares Six Sen Dividend

IJM Corp Bhd's (KL:IJM) net profit for the fourth quarter ended March 31, 2024 (4QFY2024) leapt over 10-fold to RM305.5 million from RM23.1 million a year earlier, thanks to a sharp rise in other operating income.

The Edge MarketsMay 29 20:58

Johor now the largest data centre market in Malaysia, driven by investments from MNCs: report

Resource site Baxtel cites Johor as the largest data centre market in Malaysia now, as multinational corporations (MNCs) with regional presence pour investments into the state, according to a report by Channel News Asia.

nstMay 7 14:55

Malaysian Shares Snap Three-Day Winning Streak; IJM's Shares Drop 3%

Malaysian shares ended in the red territory on Tuesday, erasing gains from the previous three sessions, as the investors expedited selling ahead of Hari Raya holidays. The FTSE Bursa Malaysia KLCI, th

MT NewswiresApr 9 17:37

Urusharta Jamaah Ceases to Be a Substantial Shareholder in IJM Corp

IJM Corporation Bhd said Urusharta Jamaah Sdn Bhd, a special purpose vehicle established under the Ministry of Finance, has ceased to be its substantial shareholder after disposing of a 0.08% stake in the group.

The Edge MarketsMar 19 23:48

Lim Seong, PNSB, IJM Road to Collaborate on Transportation Infrastructure in Selangor, Malaysia

Lim Seong Hai Capital (KLSE:LSH), Permodalan Negeri Selangor (PNSB), and IJM (KLSE:IJM) joined forces to form a strategic collaboration for transforming the road transportation infrastructure in the s

MT NewswiresMar 11 14:53

Analysts Optimistic on IJM's UK Site Buy but Keeps Earning Forecast Unchanged

Analysts have kept "buy" calls on IJM Corp Bhd following the latest acquisition for its second property project in the UK, which entails a redevelopment for 811 homes and 150,000 sq ft of mixed-use space in Hertfordshire.

The Edge MarketsJan 15 12:58

IJM's Profit Surges in Fiscal Q2 on Higher Revenue

IJM's (KLSE:IJM) profit attributable to owners jumped to 93.7 million ringgit in the fiscal second quarter ended Sept. 30, from 27 million ringgit a year earlier. Earnings per share went up to 0.0267

MT NewswiresDec 1, 2023 14:56

RHB IB Upgrades IJM Corp on Strong Earnings and Prospects, Raises Target Price to RM2.21

RHB Investment Bank Research (RHB IB) has upgraded its rating on IJM Corp Bhd (IJM) to “buy” at RM1.18, with a higher target price of RM2.21 (previously RM1.99) based on sum-of-the-parts valuation, following the group’s better-than-expected financial performance in the first half of financial year ended Sept 30, 2023 (1HFY2024).

The Edge MarketsDec 1, 2023 10:57

IJM Unit Clinches MYR1.1 Billion Deal From Malaysia Rapid Transit System

IJM (KLSE:IJM) unit IJM Construction bagged a deal worth 1.1 billion ringgit from the Malaysia Rapid Transit System, according to a Thursday bourse disclosure. The deal is for the design, construction

MT NewswiresOct 13, 2023 12:02

IJM Buys 45% Stake in Pestech International for MYR124 Million

IJM (KLSE:IJM) is buying a 44.83% stake in Pestech International for 124 million ringgit or 0.155 ringgit per share via a subscription to a restricted issue. The deal is expected to close in the fourt

MT NewswiresJul 26, 2023 16:02

IJM Buys Back Shares

IJM (KLSE:IJM) bought back 300,000 shares on Monday for 442,896 Malaysian ringgit, according to a same-day bourse disclosure. The shares were purchased at 1.470 ringgit apiece, the Malaysian conglomer

MT NewswiresJul 25, 2023 18:08

IJM Unit Forms JV to Develop Logistics Hub in Malaysia

IJM (KLSE:IJM) said its unit IJM RE inked a joint venture deal with FMM Elmina to develop two state-of-the-art logistics hubs in Shah Alam, Malaysia, according to a Monday press release. The companies

MT NewswiresJul 18, 2023 17:14

IJM Repurchases Shares

IJM (KLSE:IJM) bought back 400,000 shares on Wednesday for 588,813 Malaysian ringgit, according to a same-day bourse disclosure. The shares were purchased at between 1.460 ringgit and 1.470 ringgit ap

MT NewswiresJul 13, 2023 15:32