Malaysia's MMC halted on $3 bln Saudi smelter job

KUALA LUMPUR, Nov 26 (Reuters) - Shares in Malaysian builder and engineer MMC Corp (MMCB.KL: Quote, Profile, Research, Stock Buzz) were halted from stock exchange trade on Monday.

Its MMC International Holdings Ltd unit, Saudi Binladin Group and Aluminium Corp of China Ltd have signed a deal to develop and run a $3 billion aluminium smelter at Jazan Economic City in Saudi Arabia, MMC said on Sunday.

The smelter would have an annual production capacity of about one million metric tonnes, it said.

MMC shares were last traded up 0.6 percent at 8.10 ringgit

($2.42).

(Reporting by Hsu Chuang Khoo; Editing by Jalil Hamid)

((jalil.hamid.reuters.com; +603 2275 6846; Reuters Messaging: hsuchuang.khoo.reuters.com@reuters.net; areuters@gmail.com))

($1=3.343 Malaysian Ringgit) Keywords: MMC/

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