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Business

K. Euro deal likely

There is a 'reasonably good chance' IJM Corp Bhd would buy a 25% stake in Kumpulan Europlus Bhd (K. Euro), managing director Datuk Krishnan Tan said. K. Euro would be acquired under a share purchase agreement signed two years ago.

Community

IJM Corp brings cheer to orang asli in Johor

About 100 employees of IJM Corporation spent two days to clear about 500kg rubbish along the trails on Gunung Ledang recently.

Business

Lekas to raise RM1.75b for toll highway project

Lebuhraya Kajang-Seremban Sdn Bhd (Lekas), a 50% associate company of IJM Corp Bhd, plans to raise RM1.75bil by selling Islamic bonds and loan stocks to fund the construction of a 44.3km toll highway that will connect Kajang, Semenyih and Seremban.

Business

Hot new game in town

THE Government's decision to abolish real property gains tax (RPGT), after its application for 30 years, is a landmark event for the property sector.

Business

Major boost for high end property

Prime Minister Datuk Seri Abdullah Ahmad Badawi, who announced the scrapping of the real property gains tax (RPGT) from April 1, hopes the move would 'inject more excitement and dynamism to both the property and financial sectors.'

Business

IJM: Listing in India to raise RM100mil

IJM Corp plans to raise at least RM100mil from an initial public offering of its Indian contracting and property business by the end of the year.

Business

Expectations Govt may announce scrapping real property gains tax Wednesday

Expectations are running high that the Government may abolish the real property gains tax (RPGT) and announce the move at the three-day Invest Malaysia conference which starts tomorrow.

Business

Biggest construction group emerges from merger

Shareholders of IJM Corp Bhd and Road Builder (M) Holdings Bhd yesterday voted for the merger of the two rivals to create the country's biggest construction group.

Business

IJM to take 50% stake in highway concession

IJM Corp Bhd will acquire 50% stake in Lebuhraya Kajang-Seremban Sdn Bhd (Lekas), a special purpose vehicle (SPV) formed to undertake the concession of Kajang-Seremban Highway, said chief executive officer Datuk Krishnan Tan.

Business

IJM set to be global construction giant

IJM Corp Bhd's proposed takeover of Road Builder Holdings Bhd (RBH) will potentially create a Malaysian infrastructure and construction giant in the international market place.