MARC has affirmed the ratings of MARC-1/AA- on IJM Corporation Berhad’s (IJM) RM1.0 billion Commercial Paper/Medium-Term Notes Programme (CP/MTN). The outlook on the long-term rating is revised to stable from negative. The outlook revision is premised on IJM’s improved balance sheet position and positive business prospects arising primarily from a sharp increase in construction order boo...

MARC has affirmed the ratings of MARC-1/AA- on IJM Corporation Berhad’s (IJM) RM1.0 billion Commercial Paper/Medium-Term Notes Programme (CP/MTN). The outlook on the long-term rating is revised to negative from stable. The outstanding notes under the programme comprise RM300.0 million CPs and RM250.0 million MTNs. The negative outlook incorporates the challenging prospects for IJM group’s cor...

MARC has affirmed its MARC-1/AA- ratings on IJM Corporation Berhad’s (IJM) Commercial Paper/Medium Term Notes Programme (CP/MTN) with a stable outlook. Outstanding notes under the programme comprise RM300.0 million CP and RM450.0 million MTN.The affirmed ratings incorporate IJM group’s moderate business and credit risk profiles arising from its fairly diverse business segments, namely ...

MARC has affirmed its MARC-1/AA- ratings on IJM Corporation Berhad’s (IJM) Commercial Paper/Medium Term Notes Programme (CP/MTN) with a stable outlook. The affirmed ratings reflect IJM’s moderate consolidated business risk profile which is underpinned by its good business diversity and adequate market positions in the five sectors in which the group is active: construction, property, p...

MARC has affirmed its MARC-1/AA- ratings on IJM Corporation Berhad’s (IJM)     RM1.0 billion Commercial Paper/Medium Term Notes Programme (CP/MTN) with a stable outlook. The ratings action incorporates the satisfactory operating performance of its plantation, property and infrastructure segments, as well as the holding company’s broadly adequate liquidity and favour...

MARC has affirmed its MARC-1/AA- ratings on IJM Corporation Berhad's (IJM) RM1,000 million Commercial Paper/Medium Term Notes Programme with a stable outlook based on IJM's relatively resilient consolidated performance in a challenging economic environment and the rating agency's expectation that industry conditions and operating results will support improvements in IJM's current financial risk pr...

MARC has assigned ratings of MARC-1/AA- to IJM Corporation Berhad’s (IJM) proposed RM1,000 million Commercial Papers/Medium Term Notes Programme. Concurrently, MARC has affirmed IJM’s MARC-1/AA- ratings on its RM300 million Commercial Papers/Medium Term Notes Programme. The ratings reflect the Group’s strong market positions in construction and property development and its divers...

MARC has affirmed its MARC-1/AA- ratings on IJM Corporation Berhad’s (IJM) RM300 million Commercial Papers/Medium Term Notes (CP/MTN) Programme. The ratings are premised on the group’s below-average business risk profile which is underpinned by strong market positions in construction and property development and its fairly diversified operations across industry segments and key markets...

The long term rating of IJM Corporation Berhad’s (IJM) RM300.0 million Commercial Papers/Medium Term Notes Programme (CP/MTN) has been upgraded to AA- from A+ while its short term rating has been reaffirmed at MARC-1. The rating upgrade reflects the group’s strong operating financial performance, its enhanced financial profile following its merger with Road Builder (M) Holdings Bhd (RB...

MARC has lifted its MARCWatch Developing placement and reaffirmed IJM Corporation Berhad’s (“IJM”) RM300 million Commercial Papers/Medium Term Notes (“CP/MTN”) Programme ratings at A+/MARC-1 with a stable outlook. The ratings reaffirmation is a reflection of the strong fundamentals inherent in the group and the success of its off shore projects. Moderating factors c...