EXPRESS Rail Link Sdn Bhd (ERL), which runs trains from Kuala Lumpur to KL International Airport, has revived plans for an initial public offering (IPO) after posting its first full-year profit in 2003, executive chairman Datuk Mohd Nadzmi Mohd Salleh said.
“It was profitable last year and we hope it can be profitable this year,” Nadzmi said in an interview in Kuala Lumpur, declining to provide earnings figures. “Flotation is of course in our mind. That’s how we want to bring this company forward.”
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