Ekovest Bhd Get's RM6.32 billion contract to build a 75.2km Highway linking Kuala Lumpur to Kapar in Selangor.

Ekovest Bhd Expected to provide Vital connectivity and Direct linkage for Movements and Seamless Travelling Says Good Stocks!!!

Multi Management and Future Solutions Malaysia: Ekovest Bhd won a RM6.32 billion contract tobuild a 75.2km expressway connecting Kuala Lumpur to Kapar in Selangor. 

Its unit Lebuhraya DUKE Fasa 2A Sdn Bhd (LDF2A) has gotten rule endorsement from the administration for the privatization of Kampung Baru Link, Istana Link and Kapar Link Expressway. 

The venture was relied upon to give indispensable availability and direct linkage for developments and consistent going in and around Kuala Lumpur City Center and the Klang Valley, said Ekovest in a documenting to Bursa Malaysia yesterday. 

The evaluated add up to cost is relied upon to be financed through inside created assets, borrowings as well as other gathering pledges works out. 

The rule endorsement by the legislature couldn't be viewed as authoritative until the execution of the significant assention between the administration and LDF2A, said Ekovest. 

The venture is likewise subject to further terms and conditions to be consulted between the legislature and LDF2A. 

Ekovest said it would make the fitting declaration to Bursa Malaysia as and when there was a material improvement in connection to the venture. 

Its share costs rose nine sen to RM2.52 at the market shutting yesterday.

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