Thursday 13, March 2014 by Matthew Amlôt

RAM assigns AA3 rating to IJM’s MYR 3 billion debt issue

RAM Ratings has assigned an AA3/stable rating to IJM Corporation Berhad’s (the Group) proposed Sukuk of up to MYR 3 billion. The rating is anchored by the diverse and strongmarket positions of the Group’s core businesses (including construction, property development, plantation, industrial products and infrastructure assets), as well as its healthyfinancial profile.

Features & Analyses