KUALA LUMPUR : Ingress Corporation Bhd's
shares traded higher yesterday following a news report that
it may secure another major rail contract worth RM1 billion
after earlier winning a contract of the same value.
MALAYSIAN Rating Corp Bhd's (MARC) AIS rating on Ingress
Sukuk Bhd's RM160 million Sukuk Al- Ijarah Issuance Programme,
remains on MARCWatch Developing following an extension of
the remedy period given to Ingress until July 26, 2008, to
resolve a breach in certain financial covenants under the
Ijarah Agreement.