14Ogos2020

Agenda Daily

Talks with EPF over more projects

Ekovest Bhd is in discussions with the Employees Provident Fund (EPF) over more infrastructure and construction projects.

 Managing director Datuk Seri Lim Keng Cheng said the group was upbeat on its partnership with EPF.

“EPF sees us as a connector because of the Duta-Ulu Kelang Expressway (Duke) project, which will link roads and highways in the Kuala Lumpur city. “We want to be market leaders.

With Duke, we are the highway connectors and the missing link. With capital coming in, I will propose more highways but I won’t overstress my company financially.

“We always have our ‘umbrella’ ready as we are sensitive to economic fluctuations.”

EPF acquired a 40 per cent stake in Ekovest’s Konsortium Lebuhraya Utara-Timur (KL) Sdn Bhd, the concession holder of Duke, for RM1.13 billion.

“Because our infrastructure division grew so big, we decided that we should divest the 40 per cent to EPF. The relationship with EPF is very good as they trust us,” said Lim.

He said Ekovest was set to remain a strong player in the construction sector, backed by a solid track record and confidence brought on by investments from EPF.-2/2/2017

PERINGATAN: AgendaDaily tidak bertanggungjawab terhadap komentar yang diutarakan melalui laman sosial ini. Ia pandangan peribadi pemilik akaun dan tidak semestinya menggambarkan pendirian sidang redaksi kami. Segala risiko akibat komen yang disiarkan menjadi tanggungjawab pemilik akaun sendiri.
AgendaDaily.com adalah sebuah portal surat khabar elektronik yang menyalurkan maklumat terus ke skrin komputer anda dalam bentuk berita, analisis berita, laporan khas, fokus, komentar, wawancara dan segala macam yang ingin diketahui mengenai berbagai-bagai perkembangan hal ehwal semasa negara dan juga luar negara.

Kami mempunyai 291  tetamu dalam talian