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UEM Group keen to buy EDL if price is right

KUALA LUMPUR: UEM Group Bhd is interested in acquiring the Eastern Dispersal Link (EDL) expressway in Johor if the price is right.

“If it is on the table, yes, I think it is a natural extension of our North-South Expressway (NSE) because it starts from where NSE ends. We can certainly look at that,” said group managing director and chief executive officer Datuk Izzaddin Idris.

Malaysian Resources Corp Bhd has been reported to be looking at all options to dispose of its EDL project.

On a cautious note, Izzaddin said the price would be the determining factor.

“So, whether I am keen or not, at the end of the day, it is a question of price. It is always a question of price,” he said at the launch of UEM Group’s two-day Skim Latihan 1Malaysia-Young Executive Scheme (SL1M-YES) open day, here, yesterday.

On the two-day SL1M-YES event, he said the group was expecting more than 1,000 fresh graduates and that UEM Group would offer 400 on-the-spot jobs to successful candidates.

“This is the second year we are organising the open day following an overwhelming response last year, which saw the attendance of 1,200 fresh graduates. We offered 250 jobs during the previous open day.”

Successful candidates will become trainees at UEM Group or its subsidiary companies, such as PLUS Malaysia Bhd, UEM Sunrise Bhd, Cement Industries of Malaysia Bhd and UEM Edgenta Bhd, on a 12-month contract.

Izzaddin also said UEM Group had invested RM40.3 million between 2013 and last year to provide learning and development programmes for its staff.

SL1M-YES is a programme under the Economic Planning Unit of the Prime Minister’s Department.

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