Avillion proposes placement exercise to raise RM13.3 million
The group expects to complete the proposed placement in the third quarter of 2019, barring unforeseen circumstances.
The group expects to complete the proposed placement in the third quarter of 2019, barring unforeseen circumstances.
No surcharge is imposed on domestic users.
The government agency said it has just completed two separate open tender exercises to appoint its Technical Advisory Consultant (TAC) and Commercial Advisory Consultant (CAC) for the rail project.
The estimated amount to be subsidised by the government during the period is RM75.16 million.
"...the toll rates for the LDP would increase from the current RM2.10 to RM3.10, under the current concession agreement."
SunCon said its projects secured year-to-date totalled RM1.54 billion, exceeding its target of RM1.5 billion for 2019.
"Our track record is proven as the general contractor specialising in bore piling, foundation work, bridge construction and flood mitigation works."
Justice Mohd Nazlan Mohd Ghazali agreed to transfer the case to the High Court after Rosmah's lawyers Datuk Jagjit Singh, Datuk Akberdin Abdul Kader and Azrul Zulkifli Storke sent a letter to court on June 26, indicating they are not objecting to the transfer.
... while revenue declined by 32.1% to RM273.34 million from RM402.41 million.
The group said its board of directors is in favour of accepting the Federal Government's offer to take over all four toll concessionaires linked to the group for a combined RM6.2 billion at enterprise value.