KL-Singapore High Speed Rail sees global interest

KUALA LUMPUR (Nov 25): Malaysia's and Singapore's land-transport regulators said they received 98 submissions in response to the request-for-information exercise for the planned Kuala Lumpur-Singapore High Speed Rail (HSR) project.

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UEM Sunrise plans to issue RCPS instead of new shares to raise up to RM793 mil

KUALA LUMPUR (Sept 17): UEM Sunrise Bhd (UEMS) and its major shareholder UEM Group Bhd (UEMG) have mutually agreed to terminate a previous share subscription agreement and replace it with a subscription agreement for the proposed issuance of up to 793 million new UEMS redeemable convertible preference shares (UEMS-RCPS), in light of recent movements in the market price of UEMS shares.

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Cautious sentiment in Johor remains in 2Q

THE Goods and Services Tax (GST), the weak domestic and global economy, and the uncertain local political situation worsened sentiment in Johor’s property market in the second quarter of the year.

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