Putrajaya approves continuation of LRT3 at a final cost of RM16.63 billion
KUALA LUMPUR (July 12): The Pakatan Harapan government has approved the continuation of the light rail transit 3 (LRT3) project (pictured) at a final cost of RM16.
‘Government to work with PDP to lower LRT3 cost’
KUALA LUMPUR (July 12): The government has decided that Prasarana Malaysia Bhd will not be taking over the light rail transit line 3 (LRT3) project from the appointed project delivery partner (PDP), nor will it be calling it off.
Prasarana to work closely with MoF, PDP in LRT3 cost reduction
KUALA LUMPUR (July 11): Prasarana Malaysia Bhd said today it will work closely with the Ministry of Finance and both its Project Delivery Partners to bring down the total cost of the light rail transit line (LRT3) project.
Finance minister: Prasarana has to slash more than RM6b for LRT3
KUALA LUMPUR (July 10): The Ministry of Finance will not provide additional funding for the Light Rait Transit 3 (LRT3) project unless cost “is significantly rationalised without compromising on the integrity of the rail network as well as the safety and the quality of service provided,” finance minister Lim Guan Eng (pictured) said in a press release today.
Low construction visibility seen in medium term
Construction sector Maintain neutral: The Kuala Lumpur Construction Index plunged 26.
IJM shares fall to 9-year low as MRT3 scrapped, slump in 4Q earnings
KUALA LUMPUR (May 31): Shares in IJM Corp Bhd fell as much as 10.
MRCB 1Q net profit more than doubles, thanks to engineering segment
KUALA LUMPUR (May 30): Malaysian Resources Corp Bhd's net profit for the first quarter ended March 31, 2018 (1QFY18) more than doubled to RM21.
IJM earnings for FY19, FY20 seen to be higher with LRT3 job win
IJM Corp Bhd (March 14, RM2.
IJM wins RM1.12b LRT3 underground contract
KUALA LUMPUR (March 14): IJM Corp Bhd has been awarded a RM1.
Gabungan AQRS 4Q net profit doubles as revenue rises
KUALA LUMPUR (Feb 8): Gabungan AQRS’ net profit doubled to RM15.
