IJM secures construction contract from UOB Malaysia to build new corporate office tower
PETALING JAYA, JULY 17, 2017 – IJM Construction Sdn Bhd (“IJM Construction”), a fully-owned subsidiary of IJM Corporation Berhad, was awarded a RM451 million contract from UOB Properties (KL) Bhd to build a new corporate office tower in Jalan Raja Laut in Kuala Lumpur.
The 29-storey and 193.5-meter-tall UOB Tower 2 will be located adjacent to the UOB Malaysia headquarters. Both buildings will be connected by an elevated plaza. The new building will include a range of facilities including two levels of podium for retail banking, one level of lower ground floor, five levels of basement car park and 27 levels of office space including a green lounge reception and a sky lounge.
Construction of the building will commence in August 2017 and is expected to be completed 40 months from the commencement date. The building is expected to take its place in Kuala Lumpur’s skyline by early 2021.
“We are delighted to have been appointed by UOB Malaysia, of one of the best-known banking industry names in Asia, to deliver the full construction works of its new corporate office tower at its headquarters – adding to our portfolio of noteworthy projects across the city centre. Our in-depth experience and expertise will ensure that we can efficiently and effective deliver this project,” said Dato’ Soam Heng Choon, Managing Director & CEO, IJM Corporation Berhad.
Including this project, IJM’s outstanding construction order book currently stands at RM9 billion.
About IJM Corporation Berhad
IJM Corporation Berhad (“IJM”), formed in 1983, today ranks as one of Malaysia’s leading conglomerates with an international footprint forged by its four core businesses: construction, property development, industry (quarrying and the manufacture of building materials) and infrastructure concessions. IJM holds leading positions across all its business divisions. Its growth is the direct result of strong leadership, dedicated employees, financial prudence and commitment to good governance and quality.
The Group presently has a market capitalisation of around RM9.56 billion and as of June 2025, the Group employed around 3,600 employees and had total assets of RM22.3 billion.
For more information, visit www.ijm.com