KUALA LUMPUR: SCH Group Bhd has aborted its plan to diversify into the downstream quarry operation by selling deposits from three flood mitigation ponds in Kuala Lumpur.
In a filing with Bursa Malaysia, the quarry machinery and equipment supplier said that its board, having reviewed and assessed the feasibility study on the collaboration, decided not to enter into any definitive agreements with Sewara Engineering Sdn Bhd, Stigma Impiana Sdn Bhd and Dataran 888 Sdn Bhd.
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