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KUALA LUMPUR, June 9 (Bernama) -- IJM Corporation Bhd and Muhibbah Engineering (M) Bhd are among the companies expected to benefit from the East Coast Rail Link (ECRL) spur line, which provides direct connectivity to two major ports in Port Klang, CIMB Securities Sdn Bhd said.
By Naveen Prabu Kuppusamy
KUALA LUMPUR, June 3 (Bernama) -- CIMB Securities has revised downward its earnings forecasts for FTSE Bursa Malaysia KLCI (FBM KLCI) constituents by 5.6 per cent for both 2025 and 2026, citing widespread underperformance in the first quarter ended March 31, 2025 (1Q 2025).
KUALA LUMPUR, May 29 (Bernama) -- IJM Corporation Bhd posted a lower net profit of RM403.38 million for the financial year ended March 31, 2025 (FY2025), down from RM600.28 million in the previous year.
KUALA LUMPUR, April 24 (Bernama) -- IJM Corp Bhd has completed the acquisition of a 50 per cent equity stake in UK-based contractor JRL Group Holdings Ltd for £50 million (approximately RM283 million), through the subscription of new ordinary shares.
KUALA LUMPUR, April 10 (Bernama) -- Bids for Penang International Airport (PIA) main terminal building under the Package 3 are expected to open in May 2025 ahead of its scheduled 2027 completion.
KUALA LUMPUR, April 7 (Bernama) -- The direct impact on the construction sector following the 24 per cent reciprocal tariff on imports from Malaysia to the United States (US), effective April 9, is expected to be minimal, said MIDF Amanah Investment Bank Bhd.
KUALA LUMPUR, March 21 (Bernama) -- Bursa Malaysia’s benchmark index ended the day marginally higher supported by renewed buying interest in blue-chip stocks, said an analyst.
KUALA LUMPUR, March 21 (Bernama) -- Bursa Malaysia was higher at the midday break today as the buying momentum in selected heavyweights helped lift the key index.
KUALA LUMPUR, March 21 (Bernama) -- Shares of IJM Corp Bhd rose 2.0 per cent in early Friday trading after the group dismissed online allegations regarding the construction company and its leadership.
KUALA LUMPUR, March 20 (Bernama) -- Bursa Malaysia’s benchmark index ended the day broadly lower, mirroring regional market trends, as investor sentiment was dampened by the US Federal Reserve’s (Fed) decision to maintain interest rates and the People’s Bank of China’s (PBOC) unexpected decision to keep its key lending rates unchanged, said an analyst.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, March 19 (Bernama) -- Bursa Malaysia’s benchmark index ended the day broadly lower, driven primarily by selling in construction and banking sectors, while healthcare stocks saw some buying interest, an analyst said.
KUALA LUMPUR, March 12 (Bernama) -- IJM Corporation Bhd has secured a 143-year leasehold interest in the historic 1-5 London Wall Buildings, now rebranded as 25 Finsbury Circus, in London’s central business district and a prime commercial property in its financial core.
