OTHERS
| Type | Announcement |
| Subject | OTHERS |
| Description | Seni Jaya Corporation Berhad (" the Company")
- Award for the design, build, operate and transfer of advertising media of Projek Mass Rapid Transit Lembah Kelang - Jajaran Sungai Buloh - Kajang for Mass Rapid Transit Corporation Sdn Bhd. |
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Seni Jaya Corporation Berhad (" the Company") wishes to announce that Big Tree-Seni Jaya Consortium (?Consortium?) (an unincorporated consortium comprising Seni Jaya Sdn Bhd (?Seni Jaya?) (Company No: -109563 X) and Big Tree Outdoor Sdn Bhd (?BTO?) (Company No : 318264 M), had on 28 September 2016 received a Letter of Acceptance (?LOA?) from Mass Rapid Transit Corporation Sdn Bhd (?MRT Corp?), for the proposal submitted by the Consortium on 16 June 2016 to design, build, operate and transfer advertising media equipment with the concession rights to sell and display advertising on trains and transit facilities of Projek Mass Rapid Transit Lembah Kelang-Jajaran Sungai Buloh - Kajang for MRT Corp (?MRT Advertising Concession?).
The request for proposal for the MRT Advertising Concession was for the following packages:-
Package A: Station Advertising Package B: Exterior Station Package C: Train Advertising
The LOA to the Consortium is for Package B (Exterior Station i.e. Piers to Viaduct and Ancillary Buildings) of the MRT Advertising Concession to the Consortium on an exclusive basis. The Exterior Station concession includes advertising opportunities along the MRT train line which covers a distance of approximately 41km (excluding tunnels) covering key populated areas such as Sungai Buloh, Kota Damansara, Bandar Utama, TTDI, Damansara Heights, Cheras and Kajang.
The MRT Advertising Concession is for a period of 10 years after the date on which the First Phase of the MRT Lembah Kelang - Jajaran Sungai Buloh ? Kajang (?KVMRT-SBK LINE) becomes ready for commercial operation, the final date of which shall be notified by MRT Corp.
The KVMRT-SBK LINE has a track length of 51km having total of 31 stations and 58 trains. It is expected that the First Phase would commence its commercial operation at the end of 2016 and the whole system by middle of 2017.
This Announcement is dated 29 September 2016. |
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Announcement Info
| Company Name | SENI JAYA CORPORATION BERHAD |
| Stock Name | SJC |
| Date Announced | 29 Sep 2016 |
| Category | General Announcement for PLC |
| Reference Number | GA1-29092016-00030 |