KUALA LUMPUR (July 11): Datuk Nawawi Ahmad has said that he will resign as chairman of Keretapi Tanah Melayu Bhd (KTMB) by the end of this month, reported Bernama yesterday.
KUALA LUMPUR (June 28): The workers’ union of Keretapi Tanah Melayu Bhd (KTMB) has urged Transport Minister Anthony Loke Siew Fook to restructure Railway Assets Corp (RAC) and place it under KTMB so the latter can be a more multifaceted business organisation.
KAJANG (June 25): Keretapi Tanah Melayu Bhd's (KTMB) RM6 billion property development projects planned on three parcels of land at the Klang, Shah Alam and Bangi KTM stations were delayed due to the longer-than-expected tendering process between KTMB and Railway Assets Corp (RAC), said KTMB CEO Mohd Rani Hisham Samsudin.
KAJANG (June 25): The Ministry of Transport (MoT) is planning to develop affordable housing projects on Railway Assets Corp's (RAC) 9,192 acres of land to generate better returns for the company.
KUALA LUMPUR (June 25): Prime Minister Tun Dr Mahathir Mohamad has said there are grounds to renegotiate or scale down the RM55 billion East Coast Rail Link (ECRL) project, which is currently under review.
KUALA LUMPUR (June 22): Keretapi Tanah Melayu Bhd (KTMB) will delay the launch of its property development projects, which are worth RM6 billion over a three-year period, to next year as it seeks to resolve various issues amid the softening market, said its chief executive officer Mohd Rani Hisham Samsudin.