Liow explains big jump in ECRL’s estimated cost

KUALA LUMPUR (Nov 15): Transport Minister Datuk Seri Liow Tiong Lai (pictured) has cited a change in alignment, a longer tunnel link and the weak ringgit as the reasons for the cost of for the East Coast Rail Link (ECRL) project jumping to RM55 billion from RM29 billion as estimated by a consulting engineering firm previously.

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Lim to inject WCT assets into Pavilion REIT

Businessman Tan Sri Desmond Lim Siew Choon is performing a corporate manoeuvre that may unlock value worth billions after emerging as the largest shareholder in WCT Holdings Bhd last Tuesday, say sources.

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Up-close and personal with Malaysia’s Condo King

BELIEVE it or not, the group chairman of Bukit Kiara Properties Sdn Bhd (BKP) Datuk Alan Tong, who is well-known as the person behind the creation of high-end residential enclave Mont’Kiara in Kuala Lumpur, is thinking of developing the next Mont’Kiara.

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