Analyst Research Report Snapshot

Title:

Flash Note – MRCB (BUY, maintain) - LOI for KVDT job?

Price:

$12.00

Provider:

Affin Investment Bank

Date:

20 Mar 2013

Pages:

2

Type:

AcrobatPDF

Companies referenced:

MYRS.KL

Available for Immediate Download
Summary:

Press report said MRCB JV received Letter of Intent for RM850m KVDT job According to a local press report, the MRCB-DMIA joint venture has received a Letter of Intent from the government to upgrade the Klang Valley Double- Tracking (KVDT) system for around RM850m. The report added that the scope of works has not been clearly defined as a study on the KVDT system upgrade has not yet been completed. The KVDT system was built in the 1990s and involves 150km of double tracking for Rawang to Seremban and Port Klang to Sentul. The proposed upgrade would help to divert cargo traffic from the main KTM line between Rawang and Seremban and also provide an alternative mode of transport for commuters. Earlier reports said a comprehensive KVDT upgrade would cost about RM5bn, including a 110km bypass line from Serendah to Port Klang costing about RM2bn.

Why buy analyst research?

  • Institutional quality research
  • Available for Immediate Download
  • Detailed company or industry insight
  • Print or save
  • 24 hour customer support
Return to previous page without adding this item to your cart.
Email Customer Support.

About Analyst Research

Analyst research reports are available for immediate download after purchase. You will have unlimited access to the report for 24 hours after purchase, to download, print or save it as many times as you wish. Analyst Research provided by Reuters does not constitute investment advice, and is not endorsed by Reuters Research. This information is protected by copyright and intellectual property laws. More information on Analyst Research.