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| | Malaysian firm to buy 67% of Hopewell Crown (Site not responding. Last check: 2007-10-22) |
 | | MALAYSIA'S second biggest tollway operator, MTD Capital Bhd, has signed an agreement for the purchase of a 67-percent stake in Hopewell Crown Infrastructure Inc., the private-sector partner in the 10 billion-peso project to rehabilitate, expand and operate the South Luzon Expressway, Hopewell Crown president Joel Banares said. |
 | | Hopewell Crown, a unit of publicly listed Crown Equities Inc, has a joint venture agreement with state-run Philippine National Construction Corp to rehabilitate and operate the road network. |
 | | MTD's investment in the road project reduces the stakes of other partners in the consortium, including Northeast Development and Acquisitions Corp, and Hopewell Holdings Ltd of Hong Kong. |
| money.inq7.net /topstories/view_topstories.php?yyyy=2004&mon=12&dd=18&file=5 (263 words) |
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