Ebara Corp denies financial woes

comments     Claudia Theophilus     Published     Updated

Japanese company Ebara Corporation - hired in February to design and build the controversial mega-incinerator project in Broga, Selangor - has denied news reports that it is in dire financial trouble.

A senior official with the company's international business division, Kawata Maruyama dismissed reports that Ebara recently retrenched 400 employees as "not true".

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