IJM bags three contracts worth RM680mil

TheStar Fri, Nov 26, 2021 07:19pm - 2 years View Original


KUALA LUMPUR (Bernama) -- IJM Construction Sdn Bhd, a wholly-owned subsidiary of IJM Corporation Bhd (IJM Corp), has secured three construction contracts worth RM680 million.

In a statement today, IJM Corp said the contracts comprised a RM242.4 million serviced apartment project in Segambut, a RM382.8 million luxury residential project in Bukit Kiara, both in Kuala Lumpur, and a RM55.0 million factory expansion project in Batu Kawan, Penang.

It said the Segambut project was secured from JKG Central Park Sdn Bhd, a wholly-owned unit of JKG Land Bhd, whereby IJM Construction will be responsible for the construction of two tower blocks of serviced apartments.

"The serviced apartments make up Phase 2 of JKG Land’s flagship The ERA @ Duta North mixed development project in Segambut. Construction has commenced this month and is scheduled for completion within 38 months in December 2024,” it said.

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