‘Setiawangsa-Pantai Expressway alignment still intact’

KUALA LUMPUR (May 24): Ekovest Bhd has come out to say that the alignment of the Setiawangsa-Pantai Expressway (SPE), formerly known as the Duta-Ulu Kelang Expressway Phase 3 (DUKE 3), will not be affected by the recent termination of IWH CREC Sdn Bhd’s purchase of a 60% stake in Bandar Malaysia Sdn Bhd for RM7.

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MRCB makes cash call to raise up to RM2.86 bil

KUALA LUMPUR (May 18): Malaysian Resources Corp Bhd (MRCB) announced this evening that it has proposed a one-for-one renounceable rights issue to raise fresh cash from shareholders to pare down its borrowings and to finance the refurbishment of the national sports complex in Bukit Jalil here.

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