Saw this headline news posted on Business Times, MRCB may leadRM1b Penang road job.
- Business Times learns that Malaysian Resources Corp Bhd (MRCB) is likely to be the lead shareholder in Peninsular Metroworks Sdn Bhd (PMW), the project's concessionaire.
Sources said the Government is keen to have a government-linked company helm the RM1.02 billion ring road, one of three projects for the state under the Ninth Malaysia Plan.
Sources said again!
- "The Government is keen to have a player with a proven track record undertake this project," a source said.
It is learnt that MRCB is likely to be issued a letter from the Government soon, offering it a stake in the company.
When contacted by Business Times yesterday, MRCB group managing director Shahril Ridza Ridzuan declined to comment.
Now, this is certainly puzzling. First, I wonder which yesterday the article is referring to. Now get this, my dearest Moo Moo Cow, if the group MD declines to comment on this issue, then why should they publish this news since the group MD failed to verify this news?
Are these sources more knowledgeable than the group MD itself?
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