MoF will not fund TRX infrastructure needs
KUALA LUMPUR (June 9): It looks like Putrajaya will not “inject” any more monies to the Tun Razak Exchange (TRX) (pictured) financial centre here, according to a very recent report by The Edge weekly.
Even sans HSR, Bandar Malaysia retains its allure
PETALING JAYA (June 2): The 486-acre Bandar Malaysia development in Sungai Besi, which was to house the terminus of the recently-stopped Kuala Lumpur-Singapore high-speed rail (HSR) line, is still attractive thanks to its strategic location and two future mass rapid transit (MRT) stations coming up there, reported The Edge weekly.
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.
Gamuda expected to continue to benefit from infrastructure projects
Gamuda Bhd (April 6, RM5.
China rail firms team up to bid for KL-S’pore high speed rail
PETALING JAYA (Dec 26): China Railway Corporation, the republic’s railway operator, will collaborate with China Railway Group Ltd, China Railway Construction Corp Ltd, China Communications Construction, CRRC Corp Ltd and other firms to bid for the Kuala Lumpur-Singapore high speed rail (HSR) project.
Wanda denies facing cash crunch after blog post about Bandar Malaysia development
KUALA LUMPUR (Dec 14): China’s Wanda Group has denied allegations by a blogger that the company is facing a cash crunch, with assets having shrunk by more than half, Bloomberg reported today.
Sungai Besi Air Force Base relocation to start next month
PETALING JAYA (Nov 29): The relocation of the Sungai Besi Air Force Base — which will be redeveloped into the Bandar Malaysia project — is scheduled to begin next month, said the Ministry of Finance.
Mah Sing signs S&P to acquire Cheras Land
KUALA LUMPUR (Aug 30): Mah Sing Group Bhd’s wholly-owned subsidiary Cordova Land Sdn Bhd today inked the deal to acquire 11.
IWCity active, falls 2.9% in line with market retreat
KUALA LUMPUR (Aug 9): Iskandar Waterfront City Bhd (IWCity) shares dropped 2.
IWCity up on renewed interest amid Bandar Malaysia talk
KUALA LUMPUR (Aug 3): Iskandar Waterfront City Bhd (IWCity) rose as much as 18 sen or 15% on renewed investor interest amid speculation that the Malaysian Government may soon announce Bandar Malaysia's master developer.
