Monday, October 11, 2010

IJM Land up in early trade

KUALA LUMPUR: IJM Land Bhd shares rose on Monday, Oct 11 after IJM CORPORATION BHD [] said it was evaluating various options about the liquidity of the shares of the former.

At 9.25am, IJL Land rose 10 sen to RM2.72 with 108,400 shares traded.

IJM Land is 62.5% owned by IJM Corp.

IJM Corp last week said it was only in May 2009 it had placed out shares to fulfill the shareholding spread requirements of IJM Land.


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