MTD Capital: The valuation of MTD Cap may rise to rm16.17 per share assuming the potential disposal of the toll road assets and liabilities of MTD Prime Sdn Bhd and Metramac Corp Sdn Bhd is completed at rm3.53 billion. However the valuation of rm16.17 per share takes into consideration a number of assumptions and proposals which still have many hurdles to clear.
Zelan: It had reversed rm80.15 million in revenue from its power plant project its Rembang Central Java Province, Indonesia during the 3QFY2011 ending March. Zelan has 70% equity interest in the US$560 million coal fired power plant while the remaining 30% is held by PT Primanaya.
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