Media and advertising to contribute 20% to KLIG turnover


  • Business
  • Thursday, 29 May 2003

KL Monorail operator KL Infrastru-cture Group Bhd (KLIG), which made its debut on the KLSE main board yesterday, expects its ancillary activity of media and advertising to contribute 20% to projected turnover of RM50mil for the financial year ending April 30, 2004. 

Executive director Al-Jeffery Ib-rahim said revenue from ancillary activities, including leasing of outdoor advertising panels on monorail columns, would help the company meet its turnover target, if it was able to secure 85,000 passengers in the first year of operations. 

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