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Wait long long also no use if the order book don't show real growth momentum. Just hold steady and let the cycle play out because patience is key for this counter.
This sustainability sukuk move for NPE2 shows IJM is really trying to lock in better long-term funding costs while boosting their green credentials. It is a smart play to lower their interest burden and set a new standard for infrastructure financing in the local market.
IJM has raised RM54 million through a sustainability-linked sukuk for NPE2, and this is actually the first time a highway has used this type of financing
