Zelan Gets Ok For Terminal Project

Zelan Gets Ok For Terminal Project
The Star  

PETALING JAYA: Zelan Bhd has received a letter from the Prime Minister’s Department saying that the Government has agreed, inter alia, that the development project of the integrated transport terminal at Gombak, Selangor would be implemented by the 95:5 joint venture between Zelan and Landasan Kapital (M) Sdn Bhd.

It told Bursa Malaysia yesterday that the project would be subject to further negotiations and the concession agreement to be entered into.

It added that the details of the project, including its value, would be disclosed upon conclusion of the ongoing negotiations with the Government.

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