IJM Corp BUY RM 4.85
Price Target : 12: RM 6.00
• Most diversified Malaysian contractor that offers resilient earnings
• Strategy to bid for a large pool of contracts gives it the highest probability of new wins
• Resurgence in the India construction market where IJM has a stronghold
by DBS Vickers
The activities of the Group are concentrated on construction, properties, manufacturing and quarrying, plantations and international ventures.