IJM Corp sees lower FY19 order book replenishment

Aug 29

KUALA LUMPUR (Aug 29): Builder and property developer IJM Corp Bhd expects a lower order book replenishment in the current financial year ending March 31, 2019 (FY19) as it already secured some of the jobs in FY18.

DAP Rep: Restore ECRL sites, help retrenched workers

Aug 24

KUALA LUMPUR (August 24): Calling their plight “regrettable”, Ketari state assemblyman Young Syefura Othman said the government should ensure the welfare of the nearly 2,000 retrenched East Coast Rail Link (ECRL) workers, and rehabilitate the sites that had previously been earmarked for the project.

Najib calls for inquiry into ECRL and pipeline projects

Aug 24

KUALA LUMPUR (August 24): Former prime minister Datuk Seri Najib Razak has asked the new government to establish a Royal Commission of Inquiry (RCI) into controversial China-linked projects — the East Coast Rail Link (ECRL) and two pipelines under the finance ministry-owned Suria Strategic Energy Resources Sdn Bhd, inked under his administration, after coming under fire for committing Malaysia to mega contracts perceived to be lopsided against it.

ECRL and HSR cost too much, mean too little — Liew Chin Tong

Aug 23

KUALA LUMPUR (Aug 23): The Kuala Lumpur-Singapore High Speed Rail (HSR) and the East Coast Rail Link (ECRL) projects cost too much and mean very little to Malaysia in terms of connectivity and regional strategy, according to Deputy Defense Minister Liew Chin Tong.

Report of shock over ECRL scrapping

Aug 22

KUALA LUMPUR (Aug 22): From normal workers to top officials, those involved in the East Coast Rail Link (ECRL) are still in shock over the scrapping of the mega project.

Short selling of Gabungan AQRS, HSS Engineering shares suspended

Aug 21

KUALA LUMPUR (Aug 21): Proprietary day traders (PDT) and intraday short selling (IDSS) activities were suspended today for Gabungan AQRS Bhd and HSS Engineering Bhd after their shares dropped more than 15 sen or 15% from their reference price.

Dr Mahathir: ECRL, two gas pipeline projects will be cancelled

Aug 21

BEIJING (Aug 21): Prime Minister Tun Dr Mahathir Mohamad said today Malaysia's proposed East Coast Rail Link (ECRL) and two gas pipeline projects will be cancelled due to the government's fiscal position.

Dr Mahathir aims to scrap China deals — report

Aug 14

KUALA LUMPUR (Aug 14): Malaysia is looking to cancel multibillion-dollar Chinese-backed infrastructure projects signed by the previous scandal-tainted government as it digs itself out of debt, Prime Minister Tun Dr Mahathir Mohamad told The Associated Press (AP) in an interview.