Monday, 5 March 2012

TMS declines participation in KTM project, cites funding

KUALA LUMPUR (March 5): THE MEDIA SHOPPE BHD [] has declined to take part in the project involving the automatic fare collection system for Keretapi Tanah Melayu Bhd’s commuter stations.

The company said on Monday it was not feasible for it to undertake the project which was awarded by Hopetech Sdn Bhd mainly “due to funding is not available within the required time frame of delivery”.

Hence, TMS said it had decided not to accept the letter of award from Hopetech.

Get your T+10 interest FREE margin trading account NOW. Attractive brokerage for online trading. Contact Mr Ho at +603-5192 0808 or for more details.
Related Posts Plugin for WordPress, Blogger...