Construction arm listing may unlock IJM value


PETALING JAYA: IJM Corp Bhd’s expanding construction order book and the prospect of a future listing of its construction arm could help unlock shareholder value.

Rakuten Trade head of equity sales Vincent Lau said IJM’s share price has retreated significantly and is now well below the implied value under Sunway Bhd’s proposed acquisition offer.

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IJM , property , Rakuten Trade , CIMB

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