The utilisation of Rapid bus and rail services reached an average of 1.05 million passengers a day as of December 2023, according to Transport Minister Anthony Loke Siew Fook.

PRG Holdings Bhd group executive vice chairman Datuk Lua Choon Hann has ceased to be a substantial shareholder of the group after he disposed of another 955,600 shares or a 0.22% stake, between Jan 5 and 9. 

Transport Minister Anthony Loke Siew Fook said Prasarana Malaysia Bhd ought to improve the monitoring of the quality of work done by its contractors to resolve issues of facility malfunctions in railway stations, and blacklist those who underperform.

The total number of My50 travel pass subscribers jumped 55% to 2.18 million in 2023, from 1.41 million subscribers in 2022.

He emphasised that MRT3 is already planned and will be executed.

GreenRE is a green building certification body formed by Malaysia’s Rehda to promote sustainability in Malaysia’s property industry.

The commencement date of Phase 2 is scheduled to be March 1, 2027, two years after the commencement of Phase 1 operations.

The research house highlighted opportunities within the Kuching ART project’s Blue Line package 2 and Green Line package, affirming KKB Engineering’s involvement (buy; target price (TP): RM1.90).

PMVSB said that ultimately, eight exceptional projects were selected, reflecting the programme’s mission to foster impactful initiatives within the community.

The research house said it anticipates a recovery in OSK’s property launches in 2024, as the group resolves some regulatory issues that have delayed several projects in 2023.