29/04/2010
MMC Corp, a Malaysian ports, power and construction group, said its engineering and construction division has an orderbook of RM6 billion (US$1.9 billion).
Its RM12.5 billion double-tracking electric rail project is “progressing well” with 40 per cent completed up to March, the company said in a statement today. This is a joint venture with Gamuda Bhd.
MMC Corp also said the government may ask it to e x p a n d its Tanjung Bin coal-fired power plant, the company said in a statement today.
Meanwhile, Aliran Ihsan Resources Bhd, a water treatment unit of MMC, is seeking to e x p a n d its business beyond Johor.
The company is in advanced negotiations with several other Malaysian states on this initiative, MMC said. -- Bloomberg
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