News About hsr

MRCB-Gamuda, YTL-TH Properties get LoA for HSR
KUALA LUMPUR (May 3): The consortium of Malaysian Resources Corp Bhd (MRCB) and Gamuda Bhd, and YTL High Speed Rail Sdn Bhd (YTL THP JV) — a joint venture (JV) between Syarikat Pembenaan Yeoh Tiong Lay Sdn Bhd and TH Properties Sdn Bhd — have accepted a letter of appointment (LoA) from MyHSR Corp Sdn Bhd, appointing the two consortiums as the project delivery partners (PDPs) for the northern and southern sections of the Kuala Lumpur-Singapore High Speed Rail (KL-S’pore HSR) project.

ECRL, HSR will not destroy local airlines
KUALA LUMPUR (April 24): Mega rail projects in the country is not a threat to the local airline sector.

KL-Singapore HSR AssetCo tender extended from June to December
KUALA LUMPUR (April 19): The deadline for submission of bids for the Asset Company (AssetCo) tender for the Kuala Lumpur to Singapore High Speed Rail (KL-Singapore HSR) called by MyHSR Corp Sdn Bhd and SG HSR Pte Ltd, has been extended from June 29 to Dec 28, 2018.

AIIB considering financing KL-Singapore HSR
KUALA LUMPUR (April 19): The Asian Infrastructure Investment Bank (AIIB) has expressed its interest in financing the Kuala Lumpur-Singapore High Speed Rail (HSR), among other infrastructure projects in Malaysia, according to the Embassy of China.

HSR PDP initial fee contribution seen minimal for MRCB
Malaysian Resources Corp Bhd (April 6, 97.5 sen)

Gamuda expected to continue to benefit from infrastructure projects
Gamuda Bhd (April 6, RM5.09)

Major coup for MRCB-Gamuda, YTL-TH Properties
KUALA LUMPUR (April 6): MyHSR Corp Sdn Bhd has appointed the Malaysian Resources Corp Bhd–Gamuda Bhd consortium (MRCB-Gamuda Consortium) and the Syarikat Pembenaan Yeoh Tiong Lay Sdn Bhd-TH Properties Sdn Bhd consortium (YTL-THP) as its project delivery partners (PDPs) for the Kuala Lumpur-Singapore high speed rail (HSR) civil works portion.

Construction sector’s contract outlook still robust
Construction sector

Gamuda seen as proxy for nation’s massive infrastructure spending plan
Gamuda Bhd (March 15, RM5)