Is IJM a GLC?

IJM Corporation Berhad (MYX: 3336) is one of Malaysia’s leading conglomerates and is listed on the Main Market of Bursa Malaysia Securities Berhad (“Bursa Securities”)….IJM Corporation.

Why IJM is hiving off its plantation arm?

For IJM Corp, it is believed that one consideration is due to the many environmental and labour issues that seem to affect plantation companies. Last year, the United States banned imports of palm oil from FGV Holdings Bhd and Sime Darby Plantations Bhd following an investigation into allegations it uses forced labour.

How big is IJM?

According to a 2015 independent auditor’s report by RSM US, International Justice Mission generated $51.56 million in total support and revenue in 2015. The organization’s expenses totaled $52.25 million. Year-end net assets were $20.03 million.

Is IJM religious?

IJM is a non-sectarian community of faith that works with all people to seek justice on behalf of all people regardless of race, religion, creed or any other status.

Is IJM a good company?

PE vs Industry: IJM is good value based on its PE Ratio (15x) compared to the MY Construction industry average (16.2x). PE vs Market: IJM is good value based on its PE Ratio (15x) compared to the MY market (16.9x).

Is IJM a Catholic?

IJM is a non-sectarian community of faith that works with all people to seek justice on behalf of all people regardless of race, religion, creed or any other status. Accordingly, IJM staff seeks colleagues who embrace and contribute to the spiritual community through shared Christian conviction and practice.

How many people has IJM helped?

In an ongoing rescue operation, Indian police and IJM staff have rescued 564 children, women and men from forced labor slavery at a massive brick kiln. This is IJM’s largest anti-slavery operation ever—and it took place in the exact same, sprawling factory where we helped rescue more than 500 people in 2011.

Is IJM a good organization?

IJM scored an “A” grade based on scores in transparency and efficiency. Moneysense sourced their data from Charity Intelligence, assessing charities on financial efficiency in fundraising, administration and social transparency in making financial data available to donors.

How did the IJM Corporation come to be?

The result of a merger between three medium-sized local construction companies – IGB Construction Sdn Bhd, Jurutama Sdn Bhd and Mudajaya Sdn Bhd, IJM was formed in 1983 to compete more effectively against bigger foreign rivals.

What was the market capitalisation of IJM in 1986?

When IJM went public in 1986, it had a market capitalisation of RM66 million and total assets of RM172 million. The Group’s total assets now stand at RM21 billion as of August 2018. The Group’s belief in a shared destiny with its workforce of 4,800 employees remains pivotal to its growing success.

When was the merger between IJM and Jurutama?

As a result of a merger between three medium-sized local construction companies – IGB Construction Sdn Bhd, Jurutama Sdn Bhd, and Mudajaya Sdn Bhd, IJM was formed in 1983 to compete more effectively against bigger foreign construction firms.

Who is the founder of International Justice Mission?

For the Malaysian company, see IJM Corporation. International Justice Mission is an international, non-governmental 501 (c) (3) organization focused on human rights, law and law enforcement. Founded in 1997 by lawyer Gary Haugen of the United States, it is based in Washington, D.C..