IJM Corp

Its order book stood at RM4.1 billion currently, of which 80.5% was from domestic projects. Management appears to be upbeat on its order book prospects. Assuming IJM Corp bags half of the RM4 billion West Coast Expressway, the jobs from the two expressways would total RM2.7billion to RM2.9 billion, which will boost its order book by 65% to 70%. Apart from highway jobs, IJM Corp had also tendered for Package B of the light rail transit (LRT) extension (RM2 billion) and would be bidding for the elevated portion of the Sungai Buloh-Kajang mass rail transit. Also there will be more private sector jobs for the group when the redevelopment of the Rubber Research Institute land and Sungai Besi Airport kicked off.