Kumpulan Gets Concession For $2.3B Malaysian Road Project

Law360, New York (January 3, 2013, 1:56 PM EST) -- A subsidiary of Malaysian construction and carbon products firm Kumpulan Europlus Bhd. has signed a concession agreement with the Malaysian government for a roughly $2.3 billion highway project, Kumpulan announced in a stock exchange filing Wednesday.

Kumpulan said in a filing with the Bursa Malaysia, the country's stock exchange, that subsidiary West Coast Expressway Sdn. Bhd. has received a 60-year concession for a 145-mile highway from Banting to Taiping. The highway will be a toll road and includes an additional 25 miles of highway to be...
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