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Wednesday, January 15, 2014

Minetech in 'exploratory' talks to supply materials to casino-hotel in Cambodia (Star)

Minetech Resources Bhd is in “the exploratory stage of discussion with a party” to undertake construction and raw material supply in relation to a casino and hotel project in Cambodia, confirming a StarBizWeek story.

“Matters are still at a very preliminary stage and nothing is confirmed yet at this point of time and Minetech has yet to be awarded any job in relation thereto.

“Any project award will be announced accordingly in due course,” the quarry operator and construction outfit told Bursa Malaysia.

On Saturday, StarBizWeek reported that Minetech’s job pipeline could possibly get a lift soon as it may obtain a major contract involving the construction of a casino in Cambodia.

The report quoted one source as saying that Minetech could be teamin(g up with a China-based casino operator for this purpose.

The source had said the company was likely to be the main contractor for this project, owing to its “good business relationship” with the casino operator.

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