Friday, June 18, 2010

IJM Corp up in early trade

KUALA LUMPUR: IJM CORPORATION BHD [] share price rose Wednesday, June 16 after its unit IJM CONSTRUCTION [] Sdn Bhd secured part of the Second Penang Bridge, which is Package 3B: Batu Kawan Expressway project, Jambatan Kedua Sdn Bhd (JKSB) for RM349.98 million.

At 9.16am, the counter rose four sen to RM4.86 with 74,200 shares traded.

JKSB is a unit of the Minister of Finance Incorporated. The project includes building a dual two-lane carriageway of approximately 5.7 km with a cloverleaf interchange and four bridges.


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