IJM wins RM505 million contract to build Affin Bank’s new headquarters in TRX

04 September 2018 Construction
Share

PETALING JAYA, September 4, 2018 – IJM Construction Sdn Bhd (“IJM Construction”), a wholly-owned subsidiary of IJM Corporation Berhad, has been awarded a RM505 million superstructure contract from Affin Bank Berhad for the construction of its new 47-storey headquarters at the upcoming international financial district, Tun Razak Exchange (TRX).

The Grade-A office building has a gross floor area of approximately 76,600 square meter and is built over a land area of 1.25 acres. It comprises a 43-storey office tower on top of a 4-storey podium car park and a 3-storey basement car park, housing a total of 605 car parking bays. Demonstrating sustainability in the architecture design and M&E, the building is designed to LEED and Green Building Index (GBI) Gold certification with its energy efficient, high performance curtain wall system, rainwater harvesting, sustainable building materials and efficient services planning features.

The building is also designed to reflect Affin Bank’s image and vision of ‘banking without barriers’. Features include a banking hall, business centre with an open plan office layout, auditorium and convention facilities as well as access to the MRT station via a sunken plaza, spacious outdoor terraces and sky gardens.

In November last year, IJM Construction was awarded the building’s substructure contract in an earlier work package. The building is expected to be completed 26 months from the commencement date and is expected to take its place in TRX’s prestigious skyline by end 2020.

“The award of Affin Bank’s new headquarters is a recognition of IJM’s impressive construction and development credentials. We are delighted to be working with yet another esteemed banking industry name. This contract reinforces our track record of building innovative and iconic high-rise projects in the city centre,” said Dato’ Soam Heng Choon, Managing Director & CEO, IJM Corporation Berhad.

Some of IJM Construction’s ongoing prime Grade-A office tower projects include HSBC’s new Malaysian headquarters and IJM-owned Menara Prudential in TRX, Equatorial Plaza on Jalan Sultan Ismail, UOB Malaysia’s Tower 2 on Jalan Raja Laut and Uptown 8 in Damansara Uptown.

Including the Affin Bank project, IJM’s outstanding construction order book currently stands at a near all-time high of RM9.3 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

Media Enquiries
Mandy ML Chen
General Manager, Corporate Communications
Shane Guha Thakurta
Investor Relations