[ET Net News Agency, 6 December 2017] MTR Corporation (MTRC) (00066) said it estimates
that the total cost of Shatin to Central Link Project will increase by HK$16,501 million
from HK$70,827 million to HK$87,328 million (including contingency and monies which may
become payable to the company by way of an increase in the project management fee payable
to the company).
MTRC has advised Government that the review is based on the information available as at
today and has taken into account the continued construction and other project related
challenges; a number of assumptions, including a target completion date of mid 2019 for
the East West Corridor and 2021 for the North South Corridor; timely funding arrangements;
the cooperation of various parties; and certain approvals from Government. (HL)
|
|
|
|
|
|
|
|
|
|
Super Quote | Detail Quote | Interactive Chart | Transaction | Related News | Related Securities | Company Information | Dividend Records | Short Sell
00066 MTR CORPORATION
Nominal 
24.800 +0.500 (+2.058%) Others
06/12/2017 08:30
MTRC says Shatin-Central rail link cost rises to HK$87.3bn
| Remark: | Real time quote last updated: 24/04/2024 17:11 |
| Real-time basic market prices of Hong Kong securities are provided by HKEx; a Designated Website authorized by the HKEx Group to provide the Service |