Quick take: IJM climbs on approval to dispose of IJM Plantations


KUALA LUMPUR: Shares in IJM Corp Bhd climbed in early trade Friday after obtaining its shareholders’ approval to dispose of the entire 56.2% stake in IJM Plantations Bhd (IJMP) to Kuala Lumpur Kepong Bhd (KLK) for a cash consideration of RM1.53bil.

IJM rose 0.53%, one sen to RM1.89 while IJMP added 0.33%, or one sen to RM3.07. KLK climbed two sen to RM21.32.

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IJM Corp , IJM Plantations , KLK

   

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