We had choosen IJM Corporate Berhad as our company for this project. IJM Corporate Berhad was established on 16 July 1983 but there was in the name of Solidstate (M) Sdn Bhd at that time. After that, the company name had been changed to IJM Corporate Berhad on 16 December 1989. IJM is one of the main corporate conglomerates that listed in the Bursa Malaysia Securities Berhad. Its name also on behalf of a combination of IGB Construction Sdn Bhd, Jurutama Sdn Bhd and Mudajaya Construction Sdn Bhd. IGM's headquartered is in Selangor, Malaysia and it expands its market presently to more than 10 countries. IJM focus their business in Malaysia, India, United Arab Emirates, China and Indonesia.
IJM's core business contains construction, property …show more content…
IJM believe that CR can help to deliver value and improvement to community by exercise best practice in marketplace, environment, workplace and community. Marketplace is the ability to increase the confidence of customers, partners, stakeholders etc and lead the company to success such as focus on training, seminar, and research and development center. Secondly, IJM are having some activities to protect the environment. The activities of environment included cleaning the beach and river and some plantation in different state. For society, IJM take care and helps out those people who needs helps such as nursing home, disabled people and build education center for children. Furthermore, IJM will also celebrate different festival with employees and provide body check service. Lastly, IJM provided health and safety equipment such as helmet for the construction …show more content…
First, subsidiary of the Company entered into a Land Cost Supplemental Agreement with the Government of Malaysia. Second, an agreement between subsidiary of the Company and the Government of Malaysia in connection with the reimbursable infrastructure cost for the purpose of financing the dredging of the new harbour basin. The amount of RM6, 951, 000 is payable in 2014 and 2015. Besides, hire purchase and lease liabilities are also utilized by IJM as one of the source of finance. Lease is which the owner of an asset grants the right of use that particular asset to a party for specified period in return for lease payment, whereas hire purchase is which buyer pays for a goods through making installment but does not obtain ownership until amount be fully paid. In 2015, the amount of hire purchase and lease liabilities is RM85,
IJM's core business contains construction, property …show more content…
IJM believe that CR can help to deliver value and improvement to community by exercise best practice in marketplace, environment, workplace and community. Marketplace is the ability to increase the confidence of customers, partners, stakeholders etc and lead the company to success such as focus on training, seminar, and research and development center. Secondly, IJM are having some activities to protect the environment. The activities of environment included cleaning the beach and river and some plantation in different state. For society, IJM take care and helps out those people who needs helps such as nursing home, disabled people and build education center for children. Furthermore, IJM will also celebrate different festival with employees and provide body check service. Lastly, IJM provided health and safety equipment such as helmet for the construction …show more content…
First, subsidiary of the Company entered into a Land Cost Supplemental Agreement with the Government of Malaysia. Second, an agreement between subsidiary of the Company and the Government of Malaysia in connection with the reimbursable infrastructure cost for the purpose of financing the dredging of the new harbour basin. The amount of RM6, 951, 000 is payable in 2014 and 2015. Besides, hire purchase and lease liabilities are also utilized by IJM as one of the source of finance. Lease is which the owner of an asset grants the right of use that particular asset to a party for specified period in return for lease payment, whereas hire purchase is which buyer pays for a goods through making installment but does not obtain ownership until amount be fully paid. In 2015, the amount of hire purchase and lease liabilities is RM85,