KUALA LUMPUR: There could be improving sentiment on IJM Corp Bhd
as the group displays early signs of improvement, according to RHB Research.”
“Opportunities in 2020 appear wide for new public jobs from rationalised projects - ECRL, Johor-Singapore RTS and Bayan Lepas LRT - thereby boosting earnings should these projects proceed within their expected timeframes, ” it said.
According to RHB, the section B civil jobs appears to be the closest to be cleared for award while IJM has a geographical advantage in Pahang given its exposure through Kuantan Port, where a station will be located.
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