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UEM interested in EDL Expressway project, if the price is right

KUALA LUMPUR: UEM Group Bhd would be interested in acquiring the Eastern Dispersal Link (EDL) Expressway in Johor if the price right.

The company's Group Managing Director-Chief Executive Officer, Datuk Izzaddin Idris said this when launching UEM Group's two-day Skim Latihan 1Malaysia-Young Executive Scheme (SL1M-YES) Open Day 2016, today.

He said this when asked if UEM Group would be interested in taking over the Malaysian Resources Corp Bhd (MRCB) project as news reports indicate that MRCB is actively looking at all options to dispose of the Eastern Dispersal Link (EDL) Expressway in Johor.

He pointed out, however, that the companies are not in talks on the matter at present, but said that any development on that front was dependent on the price asked for by MRCB.

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