PETALING JAYA: The consortium of South Korea-listed Samsung C&T Corp and its local partner UEM Group Bhd is believed to have won the US$505mil (RM2.12bil) construction job for the KL118 Tower, amidst a soft property market along with a glut in office space.
Wire news flashed that Samsung C&T had won a Malaysian construction order worth US$505mil, with the source of this information coming from a company statement by Samsung C&T.
