IJM finalises 50% stake buy in UK’s JRL Group


IJM said the acquisition enhances its core construction capabilities and complements its existing RM6bil order book.

PETALING JAYA: IJM Corp Bhd has completed the acquisition of a 50% equity stake in UK-based contractor JRL Group Holdings Ltd for £50mil (RM283mil), via the subscription of new ordinary shares.

IJM said the acquisition enhances its core construction capabilities and complements its existing RM6bil order book.

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