MALAYSIA: IJM Corporation’s proposed acquisition of highway concessionaire Sistem Lingkaran-Kajang (SILK) for RM398 million (US$124.01 million) and the privatization of its property unit (IJM Land) for RM1.98 billion (US$616.94 million), will have no immediate effect on the rating of its Sukuk Murabahah program which stands at ‘AA3/Stable’, according to RAM Ratings.