KL Infrastructure Group Bhd (KLIG), which hopes to be listed on the KLSE main board by June this year, plans to use 95% of the projected RM100mil proceeds to retire borrowings, executive director Al-Jeffery Ibrahim said.
KLIG is the holding company of KL Monorail System Sdn Bhd, the concession holder and operator of the KL Monorail project. The mo-norail is expected to start operation by August.
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