IJM

[winston]

not vested

Clock ticks for IJM to unlock value

IJM has proposed three initiatives to unlock value, one of which is to list IJM Construction Sdn Bhd, which will primarily comprise its Malaysia and Singapore order book exposure.

We think the monetisation for NPE (New Pantai Expressway) is unlikely, given the group has already secured a RM1.4bil NPE extension which is slated for completion in 2029 and the concession will be extended to 2057.”

Source: The Star

https://www.thestar.com.my/business/bus ... lock-value

[winston]

vested

4Q Results

Revenue: +4%; RM 1.9b
EPS: Losses RM 174m
Net Asset: RM 2.84

https://www.bursamalaysia.com/market_in ... id=3671034

[winston]

vested

Whopping RM172 mil worth of impairment and provision drag IJM into the red

By Izzul Ikram

During 4QFY2026, the group recorded net forex losses amounting to RM94.7 million, RM121.6 million in impairment on unsold inventory, RM51 million in provision for maintenance costs for a highway in India, and weaker performance from its property and port divisions.

Source: theedgemalaysia.com

https://theedgemalaysia.com/node/805244