Bursa Alert
Global Market
NewsHighlight IJM Corp bags RM355.68mil construction contract
Page 1 of 1
Highlight IJM Corp bags RM355.68mil construction contract
by Cals Fri 21 Nov 2014, 01:55
Highlight
IJM Corp bags RM355.68mil construction contract
KUALA LUMPUR (Nov 20): IJM Corp Bhd has secured a contract worth RM355.68 million from Utama Lodge Sdn Bhd, in relation to a proposed commercial development in Ara Damansara.
In a filing with Bursa Malaysia today, IJM said its wholly-owned subsidiary, IJM Construction Sdn Bhd, has accepted the Letter of Acceptance from Utama Lodge.
It said the contract is for the main building works for the proposed commercial development dubbed "The Potpourri" in Ara Damansara.
According to IJM Corp, it will be tasked to build eight blocks of 11 to 13-storey serviced apartments (712 units) on top of a 3-storey podium comprising of retail outlets, elevated and basement car parks, multi-level club house and rooftop recreational.
The construction period of the project is 28 months.
IJM Corp share price was down 9 sen or 1.32%, closing at RM6.72 today, with 2.66 million shares having changed hands. With the closing price, IJM has a market capitalisation of RM10.02 billion.
IJM Corp bags RM355.68mil construction contract
KUALA LUMPUR (Nov 20): IJM Corp Bhd has secured a contract worth RM355.68 million from Utama Lodge Sdn Bhd, in relation to a proposed commercial development in Ara Damansara.
In a filing with Bursa Malaysia today, IJM said its wholly-owned subsidiary, IJM Construction Sdn Bhd, has accepted the Letter of Acceptance from Utama Lodge.
It said the contract is for the main building works for the proposed commercial development dubbed "The Potpourri" in Ara Damansara.
According to IJM Corp, it will be tasked to build eight blocks of 11 to 13-storey serviced apartments (712 units) on top of a 3-storey podium comprising of retail outlets, elevated and basement car parks, multi-level club house and rooftop recreational.
The construction period of the project is 28 months.
IJM Corp share price was down 9 sen or 1.32%, closing at RM6.72 today, with 2.66 million shares having changed hands. With the closing price, IJM has a market capitalisation of RM10.02 billion.
Cals- Administrator
- Posts : 25277 Credits : 57721 Reputation : 1766
Join date : 2011-09-08
Location : global
Comments : “My plan of trading was sound enough and won oftener that it lost. If I had stuck to it Iâ€
d have been right perhaps as often as seven out of ten times.â€
Stock Exposure : Technical Analysis / Fundamental Analysis / Mental Analysis
Similar topics» Ikhmas bags RM173.5m construction contract
» WCT bags RM651.62m shopping mall construction contract
» EITA bags RM15.3 million contract from MRT Corp
» Highlight Datasonic bags RM318.75m contract from KDN
» Highlight Datasonic bags RM32.57m contract from Home Ministry
» WCT bags RM651.62m shopping mall construction contract
» EITA bags RM15.3 million contract from MRT Corp
» Highlight Datasonic bags RM318.75m contract from KDN
» Highlight Datasonic bags RM32.57m contract from Home Ministry
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum|
|
|