KUALA LUMPUR: Scomi Group Bhd has lost the Mumbai monorail project. The company, in a filing with Bursa Malaysia on Monday, said Mumbai Metropolitan Region Development Authority (MMRDA) via a letter dated Dec 14 has terminated the contract awarded to the consortium, in which Scomi is a partner. The Mumbai monorail project was awarded to Scomi Engineering Bhd and its Indian partner Larsen and Toubro Ltd on Nov 7, 2008. “The company will continue to provide updates from time to time on any further material development on this matter,” it said. In November, Scomi said it has completed work for phase two of the Mumbai monorail project and in September has commenced operations and maintenance on phase 1.

Source: The Star December 17, 2018 12:00 UTC