MRDIY Stock Forum

• IJM Corporation (IJM) is acquiring a 50% stake in UK-based construction firm JRL Group Holdings for £50mil (approximately RM283mil). This move is aimed at expanding IJM's presence in the UK market and bolstering its core construction capabilities. JRL Group Holdings has an order book valued at £1.5bil, which ensures earnings visibility for the next 3 years and access to a robust pipeline of projects. This acquisition will complement IJM's existing order book, which stand...