New MRT3 details could offer more upside

TheStar Thu, Apr 15, 2021 09:40am - 2 years View Original


Chief Executive Officer Mass Rapid Transit Corp Sdn Bhd (MRT Corp) Datuk Mohd Zarif Hashim while presenting Insights: MRT 3 Circle Line at Menara Ken TTDI on April 13.

KUALA LUMPUR: MRT Corp Bhd’s new details regarding the mass rapid transit 3 (MRT3) project could offer some upside surprises to the construction sector.

According to Kenanga Research, it is net positive over the new details as “behind-the-scenes progress” is picking up fast.

“Despite the stretched-out construction period of 10 years; should our guesstimate contract quantum of RM32.9bil be proven accurate – it would be an upside surprise.

...

Full Article on TheStar

The content is a snapshot from Publisher. Refer to the original content for accurate info. Contact us for any changes.






Related Stocks

GAMUDA 5.210
IJM 2.440
KIMLUN 0.985
MRCB 0.655

Comments

Login to comment.