Thursday, October 7, 2010

Construction Sector Update - An Alternative MRT Proposal By IJM-UEM? - 07/10/2010

♦ An alternative MRT proposal? There has been a strong rumour in the
market that a JV between IJM and UEM has submitted or will be submitting
an alternative MRT proposal carrying a much cheaper price tag to the
Government, competing head-on with the Gamuda-MMC JV. Our quick
check with IJM yielded this response: “It is always difficult to comment on
rumours”.

Construction Sector Update - An Alternative MRT Proposal By IJM-UEM? - 07/10/2010

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