KLSE (MYR): SURIA (6521)
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2024-09-12
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2024-09-11
tonywong8
476 posts
Posted by tonywong8 > 2020-05-23 18:39 | Report Abuse
The approved but not contracted for amounting to RM228.0 million represents the balance of
the total capital expenditures commitment of RM1.3 billion during the concession period of 30
years under the Ports Privatisation Agreement. The agreement will be expired at 2034 or 14 more years to go or each year committed fund is about Rm 16.3 millions. With the profit of about Rm50 to 60 million a year, there will be sufficient fund to pay for higher dividend or other investment in the future.