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.
KUALA LUMPUR (Oct 10): Transport Minister Anthony Loke (pictured) said yesterday that Scomi Engineering Bhd must seek a compromise with Prasarana before a solution is brought to the Cabinet for approval this year-end, reported The Star daily.
KUALA LUMPUR (Sept 7): The Ministry of Finance (MoF) has appointed a three-man executive team to undertake changes in the organisational structure and turnaround the asset owner and operator of public transport systems Prasarana Malaysia Bhd (Prasarana).
KUALA LUMPUR (September 3): DRB-Hicom Bhd’s Datuk Mohamed Hazlan Mohamed Hussain will take over the helm of the financially stressed Prasarana Malaysia Bhd after its former chief executive officer (CEO) Masnizam Hisham’s tenure has been cut short by the ministry of finance (MoF), according to sources.
PETALING JAYA (August 31): Prasarana Malaysia Bhd chief executive officer Masnizam Hisham has expressed appreciation to the Finance Ministry for the issuance of bonds to pay the salaries of its 17,000 employees “I am grateful and would like to thank the Finance Ministry for approving the issuance of sukuk/bonds that will allow the salaries of Prasarana staff for September and the coming months.
Sunway Construction Group Bhd (Aug 17, RM1.
KUALA LUMPUR (Aug 17): Ferries have been icons of the Pearl of The Orient for decades.
KUALA LUMPUR (Aug 2): Prasarana Malaysia Bhd plans to allocate RM90 million to upgrade Penang’s ferry service facility and to buy new ferries, according to Transport Minister Anthony Loke.
PETALING JAYA (August 1): For the Minister of Finance Inc (MoF Inc), holding company of the Ministry of Finance, changes in boards of directors has begun.
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