News about Muda

KUALA LUMPUR (May 3): “Advanced work” on the Kuala Lumpur-Singapore high speed rail (HSR) is slated to begin by the end of this year following the letters of award for the project delivery partners (PDPs) yesterday, according to MyHSR Corp Sdn Bhd.

KUALA LUMPUR (May 3): The consortium of Malaysian Resources Corp Bhd (MRCB) and Gamuda Bhd, and YTL High Speed Rail Sdn Bhd (YTL THP JV) — a joint venture (JV) between Syarikat Pembenaan Yeoh Tiong Lay Sdn Bhd and TH Properties Sdn Bhd — have accepted a letter of appointment (LoA) from MyHSR Corp Sdn Bhd, appointing the two consortiums as the project delivery partners (PDPs) for the northern and southern sections of the Kuala Lumpur-Singapore High Speed Rail (KL-S’pore HSR) project.

KUALA LUMPUR (April 30): Building materials trader Ipmuda Bhd is selling off its idle factory in Rawang Integrated Industrial Park to May Chemical Sdn Bhd for RM12 million.

KUALA LUMPUR (April 27): Mohammed Rashdan Yusof has been appointed deputy group managing director (MD) of Gamuda Bhd effective May 1, and will head its property business.

Construction sector  Maintain overweight: The project delivery partner (PDP) contract for the high-speed rail (HSR) Malaysian infrastructure works was split between the YTL Corp-TH Properties and MRCB-Gamuda consortiums.

Malaysian Resources Corp Bhd (April 6, 97.

Gamuda Bhd (April 6, RM5.

KUALA LUMPUR (April 6): MyHSR Corp Sdn Bhd has appointed the Malaysian Resources Corp Bhd–Gamuda Bhd consortium (MRCB-Gamuda Consortium) and the Syarikat Pembenaan Yeoh Tiong Lay Sdn Bhd-TH Properties Sdn Bhd consortium (YTL-THP) as its project delivery partners (PDPs) for the Kuala Lumpur-Singapore high speed rail (HSR) civil works portion.

KUALA LUMPUR (April 2): Twelve work packages for the Sabah portion of the Pan Borneo Highway (pictured) are expected to be awarded over the next two weeks, according to industry sources.

Gamuda Bhd (March 26, RM5.