Original Cost was Rm9 Billions but there is a delay or cost over run. So the 50/50% fee might range from Rm300 Millions to Rm400 Millions cash for GKent & MRCB
For MRT2 GOVT AWARDED RM648 MILLION JOB FOR MRCB BUT SEPARATELY AWARDED ONLY RM500 MILLIONS DUE TO GKENT 50/50% JV WITH CHINA COMMUNICATION CONSTRUCTIONS
SO GOVT HAS GIVEN MRCB (RM648 MIL) A BETTER DEAR THAN GKENT(RM500 MIL) IN MRT2
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
calvintaneng
56,606 posts
Posted by calvintaneng > 2018-03-04 15:48 | Report Abuse
Total for Kwasa Damansara is Rm50 Billions
MRCB is a long term participant here as MRCB & KWASA DAMANSARA BOTH OWN BY EPF
http://kwasaland.com.my/index.php/epfs-kwasa-land-to-generate-rm50-billion-in-gross-development-value/