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

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.

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About IJM Corporation Berhad

IJM Corporation Berhad (“IJM”), formed in 1983, is today one of Malaysia’s leading construction groups and is listed on Bursa Malaysia KLCI. Its business activities encompass construction, property development, manufacturing and quarrying, infrastructure concessions and plantations.

Headquartered in Selangor, its operations are in 10 countries, with primary focus in Malaysia, India and Indonesia. The Group presently has a market capitalisation of around RM7 billion and as of August 2018, the Group employs around 4,600 employees and has total assets of RM21 billion.

The Group’s belief in a shared destiny with its employees remains pivotal to its growing success while its reputation for professionalism, performance and good governance is acknowledged by customers and investors alike from its numerous corporate and industry accolades. IJM is committed to ethical business conduct and subscribes to the principles of good corporate citizenship for sustainable growth and development.