KUALA LUMPUR (Oct 8): MMC Corp Bhd said today MMC Gamuda KVMRT (T) Sdn Bhd has not received any notice from Mass Rapid Transit Corp Sdn Bhd (MRT Corp) or the government pertaining to the termination of the Mass Rapid Transit Line 2 (MRT2) underground contract.
MMC and Gamuda each hold a 50% stake in MMC Gamuda KVMRT.
In a filing with Bursa Malaysia today, MMC said it will make further announcement once an official notification is received from MRT Corp and/or the government.
MMC shares closed down 22 sen or 16.3% at RM1.13 today, with 4.84 million shares done, bringing a market capitalisation of RM3.44 billion. — theedgemarkets.com
TOP PICKS BY EDGEPROP
Tropicana Golf & Country Resort
Tropicana, Selangor
Bandar Baru Permas Jaya
Permas Jaya/Senibong, Johor
Premium Height @ Bandar Dato Onn
Johor Bahru, Johor
Mutiara Bukit Jalil
Bukit Jalil, Kuala Lumpur
Taman Taming Indah 2
Bandar Sungai Long, Selangor
Bandar Baru Sri Petaling
Bandar Baru Sri Petaling, Kuala Lumpur