EXPRESS Rail Link Sdn Bhd (ERL), which operates the fast rail services between KL International Airport (KLIA) and the Kuala Lumpur city centre, is “in no hurry” to list its shares on the KLSE and it can wait for the stock market sentiment to improve.
According to its executive chairman Datuk Mohd Nadzmi Mohd Salleh, the weak economy, coupled with the drop in ridership in its express service arising from the Severe Acute Respiratory Syndrome (SARS) scare, had not provided a conducive environment for any listing exercise.
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