Bursa Malaysia Stock Watch

Malaysia Steel, KUB get nod for rail project

kltrader
Publish date: Tue, 19 Apr 2011, 09:36 AM
kltrader
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Malaysia Steel Works (KL) Bhd and its partner KUB Malaysia Bhd have won approval from the Johor state government and the Iskandar Regional Development Authority to build and operate a rail transit network, according to a company statement.

Metropolitan Commuter Network Sdn Bhd, their joint venture, will build the intra-city commuter train network in the Iskandar region, Malaysia Steel Works said in a statement late yesterday. -- Bloomberg
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