SHAH ALAM: Muhibbah Engineering (M) Bhd
believes it will not have to write down as much as the speculated RM300mil due to its involvement in the Asia Petroleum Hub Sdn Bhd (APH) project in Johor.
Muhibbah managing director Mac Ngan Boon pointed out that APH was actively speaking to potential investors and was hoping for a resolution as soon as possible.
