Date : 31 May 2018

OTHERS PROJECT DELIVERY PARTNER - KUALA LUMPUR TO SINGAPORE HIGH SPEED RAIL (KL-SG HSR PROJECT)

MALAYSIAN RESOURCES CORPORATION BERHAD

Type Announcement
Subject OTHERS
Description
PROJECT DELIVERY PARTNER
-	KUALA LUMPUR TO SINGAPORE HIGH SPEED RAIL (KL-SG HSR PROJECT)

Reference is made to our announcement on 2 May 2018 in relation to the appointment of MRCB Gamuda Consortium (the “Consortium”) as the Project Delivery Partner for the works for the northern section of the Kuala Lumpur-Singapore High Speed Rail by MyHSR Corporation Sdn Bhd (“MyHSR”).

 

The Company wishes to announce that the Consortium has today received a letter from MyHSR to suspend any further negotiations on the Articles of Agreements, Conditions of Contract and Annexures following the announcement by the Government of Malaysia on the cancellation of the KL-SG HSR Project. Consequently, the signing of the Articles of Agreements and Conditions of Contract scheduled on 1 June 2018 will no longer take place.

 

This announcement is dated 31 May 2018.






Announcement Info

Company Name MALAYSIAN RESOURCES CORPORATION BERHAD
Stock Name MRCB
Date Announced 31 May 2018
Category General Announcement for PLC
Reference Number GA1-31052018-00160