News about Prasarana

KUALA LUMPUR (June 15): Prasarana Malaysia Bhd will begin to award the first batch of work packages for the upcoming RM9 billion Light Rail Transit Line 3 (LRT3) in the next two to three months.

KUALA LUMPUR (June 2): Gabungan AQRS Bhd, which slipped to a net loss of RM9.

THE RM9 billion worth of jobs to be awarded under the third light rail transit (LRT) line project by the end of the year has been one of the bigger catalysts in the pipeline for the construction industry.

KUALA LUMPUR (May 24): Construction company TRC Synergy Bhd (TRC Synergy) expects contribution from its property segment to increase to between 20% to 30% of the total revenue in two year's time.

BINA Puri Holdings Bhd, in partnership with Prasarana Malaysia Bhd (formerly known as Syarikat Prasarana Negara Bhd), is likely to win the RM1 billion contract to build the bus rapid transit (BRT) system in Kota Kinabalu, sources say.

KUALA LUMPUR (April 27): Prasarana Malaysia Bhd expects to start awarding tenders for the RM9 billion light rail transit Line 3 (LRT 3) project in the second half of the year (2H).

KUALA LUMPUR (April 19): Crest Builder Holdings Bhd has enterd into a joint venture (JV) with Prasarana Malaysia Bhd and Detik Utuh Sdn Bhd to develop Latitud 8, a mixed-commercial development which has a total gross development value (GDV) of RM1.

Salcon Bhd (April 13, RM0.

KUALA LUMPUR (April 1): Prasarana Malaysia Bhd, which targets to turn profitable in the second half of next year, said it is looking at spinning off some of its assets into a real estate investment trust (REIT) and pare down its debt.

KUALA LUMPUR (Feb 5): Tan Sri Lim Kang Hoo-controlled Iskandar Waterfront Holdings Bhd (IWH) is again ruminating to take its shares public after shelving the plan indefinitely, according to The Wall Street Journal (WSJ), citing sources familiar with the matter.