IJM Corp secures RM1.23bil manufacturing facilities project in Kulim


 

PETALING JAYA: IJM Corp Bhd, via its wholly-owned subsidiary IJM Construction Sdn Bhd, has secured a letter of award from AT&S Austria Technologie & Systemtechnik (Malaysia) Sdn Bhd for the manufacturing facilities construction project in Kulim Hi-Tech Park, Kedah, worth RM1.23bil.

In a filing with Bursa Malaysia, IJM Corp said the project involves the design and build of four-storey production, three-storey central utility building, and single-storey waste water treatment facility.

“The Project is scheduled to commence in the fourth quarter of 2026 and is expected to be completed within 14 months from the commencement date.

“The project is expected to contribute positively to the revenue and earnings of the group commencing from the financial year ending 2027,” it said.

IJM Corp’s net profit for the first quarter ended June 30, 2026 (1Q FY2027) rose to RM137.4mil from RM95.60mil registered in the same period last year, driven by the construction and manufacturing and quarrying divisions.

Revenue widened to RM2.29bil from RM1.73bil in the previous corresponding quarter.

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