News about Malaysian

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 (Feb 6): It looks like the Malaysian Anti-Corruption Commission (MACC) (pictured) has already started a probe on the redevelopment of Taman Rimba Kiara (TRK) by the previous administration.

PUTRAJAYA (Jan 30): Amid the slew of financial scandals seen since the change in regime last year, such as the ones involving 1Malaysia Development Bhd, Lembaga Tabung Haji and the Federal Land Development Authority, the Pakatan Harapan government yesterday launched a five-year action plan to stem similar misdeeds in the future.

KUALA LUMPUR (Jan 29): Malaysian Resources Corp Bhd (MRCB) said yesterday it has received a letter of acceptance from Turnpike Synergy Sdn Bhd, a wholly-owned subsidiary of Projek Lintasan Kota Holdings Sdn Bhd, to accept MRCB's offer to undertake Package CA2 of the Sungai Besi-Ulu Kelang Elevated Expressway (SUKE) project at RM323 million.

KUALA LUMPUR (Jan 28): The Medan Imbi building owner has offered to buy the two plots of land where the six-storey building and fruit stall is situated.

KUALA LUMPUR (Jan 22): The Election Commission (EC) has warned candidates in the Cameron Highlands parliamentary by-election that they may face stern action if they flout election regulations by treating voters to meals, giving gifts, holding official functions and misusing government assets for campaigning.

PETALING JAYA (Jan 14): The former prime minister had been asked to explain why the Malaysian Rubber Board (MRB) had sold a prized plot to Finance Ministry special purpose vehicle, Aset Tanah Negara Bhd (ATNB) instead of directly to the ultimate buyer, by MRB chairman Sankara Nair.

KUALA LUMPUR (Jan 14): With the sluggish property market in Malaysia, it is not surprising to see local property players expanding their presence to other countries, notably Australia and the UK.

PETALING JAYA (Jan 12): Prasarana Malaysia Bhd has not yet paid contractors of the light rail transit 3 (LRT 3) for work done up to Sept 30 last year worth RM800 million, sources told The Edge.

  PUTRAJAYA (Jan 11): After paying several bribes that were demanded, after a period of four years, one contractor had had enough and reported the matter to the MACC and proceeded to help them nab the officer.