Reduced scale seen for some of LRT3 stations for SunCon
Sunway Construction Group Bhd (Aug 17, RM1.
Penang’s ferries sail into choppy future
KUALA LUMPUR (Aug 17): Ferries have been icons of the Pearl of The Orient for decades.
Prasarana to set aside RM90m for new ferries, ferry upgrades
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.
Directors of MoF companies shown the door
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.
Prasarana denies CEO tenure cut short
KUALA LUMPUR (July 26): Prasarana Malaysia Bhd has denied that the tenure of its president and group chief executive officer Masnizam Hisham (pictured) has been cut short or that she has tendered her resignation.
Prasarana to rationalise LRT3 project
KUALA LUMPUR (July 26): It will now be a scaled down LRT3.
Khalid steps down as Prasarana chairman
KUALA LUMPUR (July 26): Tan Sri Khalid Abu Bakar (pictured) confirmed today that he has resigned as group chairman of Prasarana Malaysia Bhd.
Prasarana chief’s tenure may be cut short — sources
KUALA LUMPUR (July 26): Prasarana Malaysia Bhd president and group chief executive officer (CEO) Masnizam Hisham (pictured) may see her three-year tenure cut short as she is said to be leaving the company amid criticism from lawmakers that it had caused the cost of the light rail transit line 3 (LRT3) project to balloon.
LRT3 cost may climb due to cuts
PETALING JAYA (July 24): Due to additional costs incurred by changes in design and delivery schedule of the project, contractors with work packages in the Light Rail Transit 3 (LRT3) project have said that they would seek compensation.
Specification changes led to LRT3 cost surge
KUALA LUMPUR (July 23): A chunk of the increase in costs for the light rail transit Line 3 (LRT3) project — from RM9 billion to RM31.
