CIMB Research optimistic on YTL Corp securing HSR contract

Jan 17

KUALA LUMPUR (Jan 17): Following YTL Corp Bhd emerging as one of the five known joint venture (JV) consortiums bidding for the project delivery partner (PDP), operating company (OpCo) and assets company (AssetsCo) tenders for the Kuala Lumpur-Singapore high-speed rail (HSR), CIMB Research views this positively as it could increase its chances of securing an HSR contract.

JB-S’pore rapid transit system to start by Dec 31, 2024

Jan 17

PETALING JAYA (Jan 16): The Johor Bahru-Singapore rapid transit system (RTS) link passenger service is targeted to commence operation by Dec 31, 2024, according to a joint statement by the prime ministers of Malaysia and Singapore at the 8th Singapore-Malaysia Leader’s Retreat today.

Capital World launches Malaysia’s biggest indoor theme park

Jan 15

PETALING JAYA (Jan 15): Malaysian developer Capital World Ltd — a group listed on Singapore’s Catalist board — has launched the country’s biggest indoor theme park concept at its Capital City development in Johor, reported the Business Times.

Johor wants build 13,000 affordable homes this year

Jan 09

ISKANDAR PUTERI (Jan 9): The Johor government is aiming to build 13,000 units of affordable homes this year, endeavouring to hit the target of 60,000 units in 2020.

China’s wealthiest woman makes US$2.1 billion in four days

Jan 09

PETALING JAYA (Jan 9): Yang Huiyan – the controlling shareholder of Country Garden Holdings Co, and China’s richest woman — saw her wealth burgeon by US$2.

MGB acquires prop development firm for RM2.8m

Jan 08

KUALA LUMPUR (Jan 5): MGB Bhd is acquiring property development firm Multi Court Developers Sdn Bhd for RM2.

MB World to develop RM1.46b waterfront in Johor

Jan 11

KUALA LUMPUR (Jan 3): MB World Group Bhd will develop an integrated waterfront in Telok Permata, Johor, with an estimated gross development value (GDV) of RM1.