MRT2 is 70% complete, says Guan Eng

PUTRAJAYA (Jan 17): The current work progress for the Mass Rapid Transit Sungai Buloh-Serdang-Putrajaya Line, also known as MRT2, is 70% complete, according to Finance Minister Lim Guan Eng.

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MRT2: Margin squeeze inevitable

KUALA LUMPUR (Oct 29): The good news that MMC-Gamuda KVMRT (T) Sdn Bhd received last Friday that the consortium will remain the contractor for the underground portion of the mass rapid transit Sungai Buloh-Serdang-Putrajaya Line (MRT2) project comes with a catch.

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Defining the stakeholders in the MRT2 issue

Stocks in Bursa Malaysia have suffered one of the worst weeks in years, and in Tong's Value Investing Portfolios column in The Edge, it is theorized that Bursa was likely affected by news of the planned retender of the contract for the Mass Rapid TRansit (MRT2) underground tunnel.

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An Open Letter to MMC-Gamuda

Dear Directors of MMC-Gamuda, Let me applaud you for putting up a great show since the Minister of Finance, Lim Guan Eng announced the Cabinet decision to (i) accept the offer from MMC-Gamuda to reduce the cost of the MRT2 Above Ground works by RM5.

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