News About hsr

KL-Singapore HSR challenging without govt involvement, says Maybank IB
KUALA LUMPUR (Jan 12): The Kuala Lumpur-Singapore high-speed rail (HSR), which is estimated to cost RM100 billion, will be challenging to undertake without involvement from the government, said Maybank Investment Bank (Maybank IB) head of equity research Wong Chew Hann.

Japanese firms drop out of Malaysia-Singapore high-speed rail project — report
KUALA LUMPUR (Jan 12): Japanese firms have decided to drop their plans to get involved in a high-speed rail project connecting Kuala Lumpur and Singapore, government and company sources said on Thursday.

KL-SG high-speed rail suit: ‘Mere dissatisfaction over govt decision alone not basis for legal action’
KUALA LUMPUR (Nov 30): Dissatisfaction over a government decision alone is not the basis to take the government to court, the High Court here remarked on Thursday.

Deadline for KL-Singapore HSR concept proposal submission extended to January 2024 on bidders’ requests
KUALA LUMPUR (Nov 7): The deadline for submission of concept proposals for the Kuala Lumpur-Singapore high-speed rail (KL-SG HSR) has been extended from Nov 15, 2023 to Jan 15 next year.

No discussion with Singapore yet on HSR project, says Loke
KUALA LUMPUR (Nov 2): The Malaysian government is still searching for a suitable financing method for the Kuala Lumpur-Singapore High-Speed Rail (HSR) project before bringing it to the Singapore government for further discussions, says Transport Minister Anthony Loke (pictured).

UEM Sunrise shares hit four-year high in active trading
KUALA LUMPUR (Sept 18): Shares in UEM Sunrise Bhd rose as much as 13.5 sen or 18.49% in active trade on Monday, pushing the counter to a four-year high of 86.5 sen.

Shortlist of HSR frontrunners just market sensing, parties to start on clean slate — CGS-CIMB
KUALA LUMPUR (Sept 13): The shortlisting of companies prior to the sale of the request for information (RFI) documents for the revived Kuala Lumpur-Singapore high-speed rail (HSR) project was just a market sensing exercise and "all parties now start on a clean slate", said CGS-CIMB.

BLand among top actives after rail arm appointed Johor's Tun Aminah as chairperson
KUALA LUMPUR (Sept 13): Berjaya Land Bhd (BLand) was among the most actively traded stocks on Bursa Malaysia on Wednesday morning, after its rail arm Berjaya Rail Sdn Bhd announced the appointment of Tunku Tun Aminah Sultan Ibrahim Ismail, the daughter of the sultan of Johor, as its chairperson.

Malayan Cement a key beneficiary of HSR and MRT3, says CGS-CIMB
KUALA LUMPUR (Aug 15): CGS-CIMB Securities said it believes Malayan Cement Bhd is a key beneficiary of the KL-Singapore high speed rail (HSR) and Mass Rapid Transit 3 (MRT3) projects.