KUALA LUMPUR (March 27): The Light Rail Transit 3 (LRT3) and Mass Rail Transit (MRT) 2 projects will proceed with a cost reduction of RM23.
KUALA LUMPUR (March 21): Sunway Construction Group Bhd announced yesterday that it has, via its subsidiaries, bagged two piling works contracts worth a combined value of RM86.
KUALA LUMPUR (Feb 14): Malaysian Resources Corp Bhd (MRCB) said the works for Light Rail Transit 3 (LRT3) will resume in the second half of 2019 (2H2019), after progress had been stalled for about a year amid the government's move to reduce the cost of the project.
KUALA LUMPUR (Jan 25): MRCB George Kent Sdn Bhd had today entered into a fixed-price contract with Prasarana Malaysia Bhd for the proposed Light Rail Transit Line 3 (LRT3) project in the Klang Valley.
KUALA LUMPUR (Jan 18): MRCB George Kent Sdn Bhd, the turnkey contractor for the Light Rail Transit Line 3 Bandar Utama-Johan Setia (LRT3), will not be seeking any compensations from either Prasarana Malaysia Bhd or the government, following the "remodeling" of the project delivery partner (PDP) contract into a fixed price contract for the LRT3 project.
PETALING JAYA (Jan 18): Outstanding payments to the LRT3 (light rail transit 3) contractors, accumulated since February last year, will be settled by the end of this month, said the project’s main contractor, MRCB-George Kent Sdn Bhd (MRCBGK).
KUALA LUMPUR (Oct 18): Shares in Malaysian Resources Corp Bhd (MRCB) and George Kent (Malaysia) Bhd were among the five top actively traded stocks this morning after MRCB George Kent Sdn Bhd said the government has agreed to continue with the Light Rail Transit Line 3 (LRT3) project at a cost of RM16.