MRT Corp says it saves up to RM400m by using refurbished tunnel boring machines for MRT2
KUALA LUMPUR (March 1): Mass Rapid Transit Corp Sdn Bhd (MRT Corp) says the refurbishing of its tunnel boring machines (TBMs) has saved up to RM400 million or 15% from what it would cost to purchase new machines for the MRT Sungai Buloh-Serdang-Putrajaya line (MRT Line 2).
Prasarana, SMRT to form JV firm to operate JB-Singapore rail link
KUALA LUMPUR (Feb 9): Prasarana Malaysia Bhd and Singapore's SMRT Corp Ltd will form a joint venture (JV) company to operate the Johor Bahru-Singapore Rapid Transit System Link (RTS Link).
Gabungan AQRS 4Q net profit doubles as revenue rises
KUALA LUMPUR (Feb 8): Gabungan AQRS’ net profit doubled to RM15.
‘Tech companies and FMCGs renting more office space’
PETALING JAYA (Feb 6): More tech and fast moving consumer goods (FMCG) companies are leasing more spaces in both the central business district and decentralised locations in Greater KL, said JLL managing director and country head and Malaysian Institute of Estate Agents (MIEA) member YY Lau.
BU MRT pedestrian link to 1 Utama opens today
PETALING JAYA (Feb 1): A 35m pedestrian link which directly connects the Bandar Utama Mass Rapid Transit (MRT) Station to the 1 Utama Shopping Centre has opened today.
Cheras LeisureMall opens new MRT linkbridge, targets 94% occupancy rate
KUALA LUMPUR (Jan 26): Cheras LeisureMall has unveiled a 60m linkbridge connecting the Taman Mutiara mass rapid transit (MRT) station to the Level 1 of the mall today.
Three local consortiums, one Chinese consortium submit tenders for MRT Circle Line
KUALA LUMPUR (Jan 19): Three Malaysian consortiums and one Chinese consortium have submitted their turnkey tenders with financing for the MRT Circle Line or MRT Line 3, said Mass Rapid Transit Corp Sdn Bhd (MRT Corp).
Savills: Properties increasingly assessed by MRT station proximity
KUALA LUMPUR (Jan 3): As the Mass Rapid Transit (MRT) line is rapidly gaining wide acceptance and changing commuter patterns, properties will increasingly be assessed by the distance from the stations, said Savills Malaysia Sdn Bhd (Savills) managing director Datuk Paul Khong.