IJM indirect unit to invest in India highway concessionaire


A file pic of Kochi, India. An actress is reported to have been abducted by a group of men who drove her around in a car for two hours and sexually assaulted before dropping her off on the outskirts of Kochi.

KUALA LUMPUR: IJM Corp Bhd has set up an indirect wholly-owned subsidiary, IJM Dewas (Mauritius) Ltd, as the vehicle to invest up to 74% in a highway concessionaire in India.

In a filing with Bursa Malaysia yesterday, IJM said IJM Dewas (Mauritius) would take the stake in Dewas Bypass Tollway Pte Ltd, which will carry out the project to widen and upgrade the 19.8 km Dewas bypass road in Madhya Pradesh, India.

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Business , IJM Corp Bhd , Corporate News

   

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