IJM to be compensated

PETALING JAYA: IJM Corp Bhd is expected to be sufficiently compensated for the abolishment of toll collection at the Kuala Lumpur-bound toll plaza at PJS2 on the New Pantai Expressway (NPE), analysts say.

Maybank Investment Bank said in a note yesterday that IJM Corp was likely to be compensated for an amount that should be close to the loss in revenue over the remaining tenure of the concession.