MRCB: LRT3 works to resume in 2H2019

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.

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MRCB-George Kent not seeking any compensation from Prasarana, govt

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.

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Selected high-impact projects that will go ahead

KUALA LUMPUR (Oct 18): The government remains committed to meet the socioeconomic needs of the rakyat through the undertaking of select high-impact projects, according to the Mid-term Review of the 11th Malaysia Plan 2016-2020.

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MRCB, George Kent among most active as LRT3 project gets govt nod

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.

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