KUALA LUMPUR (July 24): CIMB IB Research has rated IJM Corp Bhd an “Add” at RM3.50 with a target price of R$M3.87 and said IJM Corp is a potential beneficiary of new rail contracts, given its good track record in MRT 1 and 2.
In a note last Friday, the research house said IJM Corp could emerge as one of the earlier winners of ECRL and LRT 3.