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Scomi, partners ink monorail pact in Brazil

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Scomi, partners ink monorail pact in Brazil Empty Scomi, partners ink monorail pact in Brazil

Post by hlk Tue 02 Aug 2011, 13:28

Scomi Engineering Bhd and its partners signed an agreement with the Sao Paulo Metropolitan Co to build a monorail system in Brazil, according to a company statement last night.

Scomi Engineering gained 5.5 per cent to 86 sen at 9:03 a.m. local time, set for the largest gain since June 6.

Its parent Scomi Group Bhd gained 1.5 per cent to 33 sen. -- Bloomberg



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