Translate This Page

Wednesday, June 15, 2011

Gamuda, MMC Corp ink JV agreement for MRT project (Edge)

GAMUDA BHD [] and MMC CORPORATION BHD [] have teamed up to bid for the underground works package of the multi-billion ringgit Klang Valley Mass Rapid Transit project.

In separate filings on Wednesday, June 15, Gamuda and MMC Corp said they had signed a joint venture agreement whereby they would bid to pre-qualify and tender for the tunnelling, underground and such other works. Each company would have a 50% stake in the joint venture.

The unincorporated joint venture is called MMC Gamuda KVMRT(T) Joint Venture.

No comments: