PETALING JAYA: IJM Corp Bhd
’s disciplined cost management and prudent balance sheet, with net gearing at 0.26 times, provide ample headroom to support future tenders and potential private finance initiatives, analysts say.
MBSB Research noted IJM’s robust local order book of RM9.33bil and expanding exposure to high-margin digital and industrial development, backed by its strong execution track record, puts builder in a good position to capitalise on the ongoing infrastructure and data centre projects and proposals.
