22 Feb '13, 3am

Johor, Syed Mokhtar eyeing multi-billion KL-Singapore high-speed rail: KUALA LUMPUR, Feb 22 — The Johor state ...

KUALA LUMPUR, Feb 22 — The Johor state government and logistics tycoon Tan Sri Syed Mokhtar Al-Bukhary will compete for a new multi-billion ringgit high-speed train project linking Kuala Lumpur and Singapore, The Edge Financial Daily reported today. According to The Edge , YTL Corp Bhd and Hartasuma Sdn Bhd have also been named as those contending for the project said to be worth RM20 billion to RM30 billion. Syed Mokhtar is said to be one of the parties eyeing the high-speed rail project. Hartasuma, which was co-founded by former PLUS Expressway Bhd board member Tan Sri Ravindran Menon, will likely partner with listed UEM Land Holdings Bhd if it grabs the project, the business paper said. The engineering firm states on its website that it has a special focus on transport infrastructure and utilities, among other things. YTL Corp managing director Tan Sri Francis Yeoh had ...

Full article: http://www.themalaysianinsider.com/malaysia/article/johor...

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