UPDATE 1-Malaysia's MTD Capital looks to buy out units

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KUALA LUMPUR, Feb 25 (Reuters) - Malaysian engineering and construction firm MTD Capital Bhd (MTDC.KL: Quote, Profile, Research, Stock Buzz) signalled on Monday a buy-out bid for its two listed property and toll-road units.

MTD Capital suspended its shares from trade, saying it would soon announce a large deal that would involve a buy-out of property and infrastructure firm Metacorp Bhd (META.KL: Quote, Profile, Research, Stock Buzz) and tollroad company MTD Infraperdana Bhd (MTDN.KL: Quote, Profile, Research, Stock Buzz).

MTD Capital owns 72.3 percent of MTD Infraperdana, the country's second-largest toll-road concessionaire, and 75 percent of Metacorp, which specialises in property development and waste management, according to Reuters data.

MTD Infraperdana has a market value of almost 800 million ringgit ($250 million), while Metacorp is valued at 295 million ringgit. The shares in both these firms have also been suspended.

MTD Capital said on Monday its shares would be halted from trade pending "announcement of a material transaction which involves its two public-listed subsidiaries, namely Metacorp Bhd and MTD Infraperdana Bhd, being taken private". (Reporting by Mark Bendeich; Editing by Jan Dahinten)