What Is IJM Corp's New RM1.23 Billion Manufacturing Contract?

IJM Construction, a wholly-owned unit of IJM Corporation, has accepted a RM1.23 billion letter of award from AT&S Austria Technologie & Systemtechnik (Malaysia) to build new manufacturing facilities at Kulim Hi-Tech Park, Kedah. The filing landed with Bursa Malaysia after Monday’s close, so Tuesday is the market’s first chance to react.

What is IJM Corp’s new manufacturing contract?

• The design-and-build contract is worth about RM1.23 billion, filed with Bursa Malaysia on 12 Oct (ref GA1-12102026-00033).
• It covers a four-storey production block, a utility building and a wastewater plant for AT&S’s Kulim site (same filing).
• Work starts Q4 2026 and should finish around Q4 2027, lifting IJM Construction’s order book to RM10.6 billion (The Edge).

The contract news broke after Monday’s close, so Monday’s own 1.75% dip predates the filing and isn’t linked to it. This site tracks IJM’s live price and discussion on the Bursa heat list. It follows another large manufacturing capex filing this month — Unisem’s RM396 million Gopeng, Perak expansion.

What to watch

• Q4 2026Construction of the Kulim facilities is scheduled to begin (The Edge).
• Q4 2027Target completion, about 14 months after the start date — the project is then expected to add to group revenue and earnings from FY2027 (Bernama).

Sources & further reading

• KLSE Screener — IJM Corporation Berhad, Letter of Award for Manufacturing Facilities Construction Project in Kulim Hi-Tech Park, Kedah (Bursa ref GA1-12102026-00033)
• Bernama — IJM Corporation Bags RM1.23 Bln Construction Contract For AT&S Facilities In Kedah (12 Oct 2026)
• The Edge Malaysia — IJM bags RM1.23 bil contract to build AT&S semiconductor manufacturing facilities in Kedah (12 Oct 2026)
• The Star — IJM Corp secures RM1.23bil manufacturing facilities project in Kulim (12 Oct 2026)
• Yahoo Finance — IJM Corporation Berhad (3336.KL) price data
• KLSE Screener — IJM Corporation Berhad (3336) live quote