'The worst is over for MRCB', post EDL disposal
Following the RM1.32 billion that the government will pay under the termination and settlement agreement, MRCB will have RM23.1 million for general working expenses, after repayment of borrowings.
Following the RM1.32 billion that the government will pay under the termination and settlement agreement, MRCB will have RM23.1 million for general working expenses, after repayment of borrowings.
This includes the sale of a 65-acre tract of land that was meant for Empire City Damansara 2 (ECD2) in Petaling Jaya, Selangor.
Renting is the way, insist some analysts from think tanks like Khazanah Research Institute, and Institute for Democracy and Economic Affairs.
Naim Holdings has already has launched 416 units of mainly terraced and semi-detached homes in Southlake zone of Permyjaya township in Miri.
“Because this is a private residence, the rakyat’s money should not be allocated for private residences.”
The road is slated to be repaired and resurfaced by the end of December, in time for the new school term. Repairs will include the cracks in the houses.
“We had to honour the original S&P signed between buyers the original developer, and did not add anything new to it.”
Jayaselan said the Cabinet has allowed UDA Holdings Bhd and Federal Territories Affordable Housing Project (Rumawip) to be excluded from the entity.
“The total amount of construction cost for 29 highways is RM35.14bil. The amount of compensation paid (to concessionaires) from 1990 to 2017 is RM5.109bil and the total amount of toll collected since they started operation to 2017 is RM74.654bil.”
The UMNO politician will be charged over dubious land deals involving Kuala Lumpur City Hall tomorrow.