PLUS Expressways Berhad : Expecting Strong 2QFY12/10 Performance - 03/08/2010

Stronger 2Q results (both yoy and qoq). We believe PLUS’s 2QFY12/10 results (due out by end-Aug) will likely to come in stronger (both yoy and qoq), thanks to the encouraging growth registered at PLUS’s core expressways (consisting of North-South Expressway, New Klang Valley Expressway, Federal Highway Route 2, and Seremban-Port Dickson Highway) in 2QFY12/10 (+10.5% yoy and 5.8% qoq).

PLUS Expressways Berhad : Expecting Strong 2QFY12/10 Performance - 03/08/2010