Wednesday, March 30, 2011

IJM close to winning RM5b jobs: Credit Suisse

IJM Corp, a Malaysian builder, is in advanced stages of securing more than RM5 billion of new construction contracts, which may double its existing orderbook to a record RM10 billion, according to Credit Suisse Group AG.

The contracts include the West Coast Highway project, hospital and rail projects, Danny Goh, an analyst at Credit Suisse, wrote in a report today. -- Bloomberg

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