IJM, Silk abort RM395mil Kajang highway deal

By DANIEL KHOO

PETALING JAYA: IJM Corp Bhd unit Road Builder (M) Holdings Bhd and Silk Holdings Bhd have mutually decided to abort the RM395mil acquisition of 100% equity interest in Sistem Lingkaran-Lebuhraya Kajang Sdn Bhd.

It was called off following the non-fulfilment of certain conditions precedent within the agreed timeline, IJM told Bursa Malaysia.

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Business , IJM , SILK , highway

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