News about Guan Eng

KUALA LUMPUR (Oct 18): Selldown on the Malaysian equity market last week was not due to the termination of Mass Rapid Transit Line 2 (MRT2) underground work contract with MMC Gamuda KVMRT (T) Sdn Bhd, Finance Minister Lim Guan Eng opined.

  KUALA LUMPUR (Oct 18): Finance Minister Lim Guan Eng said yesterday he will bring up the matter of the termination of MMC-Gamuda KVMRT (T) Sdn Bhd’s contract to build the underground portion of the mass rapid transit Line 2 (MRT2) for further deliberations at the next cabinet meeting.

KUALA LUMPUR (Oct 12): Shares in Gamuda Bhd continued climbing in active trade this morning after rising 11.

KUALA LUMPUR: The divide is around RM2 billion.

KUALA LUMPUR (Oct 10): MMC-Gamuda KVMRT (T) Sdn Bhd can participate in the international tender for the unfinished underground works of mass rapid transit Line 2 (MRT2) project, said Finance Minister Lim Guan Eng.

KUALA LUMPUR (Oct 8): The Ministry of Finance (MoF) is "definitely not on an austerity mode", Finance Minister Lim Guan Eng said, as the government prepares for the upcoming Budget 2019, which will be tabled on Nov 2.

KUALA LUMPUR (Oct 8): There will be no change to the number of underground stations for the Mass Rapid Transit 2 (MRT2) project, Finance Minister Lim Guan Eng said, dismissing concerns after the federal government decided to retender all the unfinished underground work of the project via an international open tender process.

KUALA LUMPUR (Oct 1): In response to former prime minister Datuk Seri Najib Razak's comment on housing prices, Finance Minister Lim Guan Eng said it is tough to influence the price of land, which is why the government had opted to reduce the cost of construction instead.

KUALA LUMPUR (Sept 29): Finance Minister Lim Guan Eng said he does not see how the East Coast Rail Link (ECRL) project can continue without the Selangor state government's objections being addressed.

KUALA LUMPUR (Sept 28): Construction costs of homes are expected to fall by 3% to 5% owing to the Sales and Service Tax (SST) exemption on basic construction materials, The Star daily reported Construction Industry Development Board (CIDB) chief executive Datuk Ahmad Asri Abdul Hamid saying today.