MARKET UPDATES :
Corporation Bhd’s wholly-owned unit, IJM Construction Sdn Bhd, has accepted a letter of award (LOA) for IJM a RM537.5 million contract from Pearl Discovery Development Sdn Bhd. The LOA was for the construction and completion of superstructure works for the proposed mixed development project known as “Puteri Cove Residences“, IJM said in a filing to Bursa Malaysia.“The contract is for a period of 33 months”.
STOCK RECOMMENDATION :
BUY THONG GUAN ABOVE 1.960 TARGET 2.010 2.110 SL 1.900
Corporation Bhd’s wholly-owned unit, IJM Construction Sdn Bhd, has accepted a letter of award (LOA) for IJM a RM537.5 million contract from Pearl Discovery Development Sdn Bhd. The LOA was for the construction and completion of superstructure works for the proposed mixed development project known as “Puteri Cove Residences“, IJM said in a filing to Bursa Malaysia.“The contract is for a period of 33 months”.
STOCK RECOMMENDATION :
BUY THONG GUAN ABOVE 1.960 TARGET 2.010 2.110 SL 1.900
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