Second key job this year. IJM has been awarded by Jabatan Kedua Sdn Bhd the Package 3B of The Second Penang Bridge, namely, the 5.7-km dual-lane Batu Kawan Expressway for RM350m. Assuming an EBIT margin of 8%, the latest contract will fetch a total EBIT of RM28m over the construction period of 31 months from June 2010.
IJM Corporation Berhad - Secures RM350m Batu Kawan Expressway - 16/6/2010
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