Sime Darby, PDC, sign major development deal

Government-linked corporation Sime Darby and the Penang Development Corporation (PDC) have signed a memorandum of understanding (MoU) to develop Changkat and Byram in Nibong Tebal, southern Seberang Prai, Penang.

READ MORE

Sentul moves up

A mere 13 years ago, YTL Land & Development Bhd (YTL Land) kickstarted a multi-billion ringgit urban renewal project in Kuala Lumpur’s Sentul district, with its historic pre-war shophouses, temples, churches, public housing and the old Malayan Railway train depot .

READ MORE

Three outfits said to be on shortlist for LRT3 PDP

KUALA LUMPUR (June 22): Three outfits — a joint venture between Naza TTDI Sdn Bhd and China’s CSR Zhuzhou Electric Locomotive Co Ltd (Naza TTDI- CSR Zhuzhou JV), a partnership involving Malaysian Resources Corp Bhd (MRCB) and George Kent (M) Bhd (MRCB-George Kent JV), and UEM Group Bhd — are understood to be the front runners for the role of project development partner (PDP) in the proposed RM9 billion third light rail transit line (LRT3).

READ MORE