Monday, January 17, 2011

SAAG ... Jan11

Its subsidiary has secured a US$78 million (RM239.54 million) contract from Mrails Tram (Melaka) Sdn Bhd to design and build 40 km of tramway in Melaka.

Its overseas subsidiary OGS Asiapac Ltd had secured the design, engineering, procurement, construction and commissioning (EPCC) contract on Dec 23 2010.

Mrails Tram is incorporated in Malaysia and it had signed a principal agreement with the Chief Minister of Malacca (Incorporation) on March 3 2010 for a 25 year concession with the Malacca government to provide 40 km of tramway in the state capital to enhance the public transport facilities.

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