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Monday, 21 May 2012

Sime to develop low-cost airport

Sime Darby has received government approval for the development of a low-cost carrier terminal (LCCT) in the southern state of Negeri Sembilan. The proposed LCCT project is an integral part of the company's development plan for its Negeri Sembilan Vision City, Sime stated in a filing to the stock exchange. The project cost is estimated at M$1.6bn (US$456m).

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