YTL, MCement, HSS key beneficiaries of HSR

On the potential key beneficiaries, CGS-CIMB Research said YTL could be a front-runner given that the group was the original HSR promoter in 2008-2009.

PETALING JAYA: YTL Corp Bhd, Malayan Cement Bhd (MCement) and HSS Engineers Bhd will likely remain as potential key beneficiaries to the revived Kuala Lumpur (KL)-Singapore high-speed rail (HSR) project, says CGS-CIMB Research.

On Tuesday, the research house hosted a luncheon for clients with key management of MyHSR Corp Sdn Bhd, the entity responsible for the development and implementation of the potential HSR project.