News about Raya

KUALA LUMPUR (Dec 20): The deadline to complete negotiations on the acquisition of four highway concessions by Minister of Finance (Incorporated) [MoF Inc] for a total enterprise value of RM6.

KUALA LUMPUR (Nov 26): WZ Satu Bhd has bagged a RM121.

  GEORGE TOWN (Nov 18): Sahabat Alam Malaysia (SAM) have raised the alarm over massive earthworks and hill cutting on steep slopes at Mount Erskine.

KUALA LUMPUR (Nov 8): Payment for the Pan Borneo highway project is not delayed and is expected to arrive as per the agreement with the works package contractors (WPCs), said Lebuhraya Borneo Utara (LBU).

KUALA LUMPUR (Sept 19): Lebuhraya Borneo Utara Sdn Bhd (LBU), the project delivery partner (PDP) for the Sarawak portion of the Pan-Borneo highway, is hoping that the infrastructure project can be completed using the PDP model.

KUALA LUMPUR (Spet 6): The government has decided to terminate the project delivery partner (PDP) agreement for the Sarawak portion of the Pan Borneo Highway project although nearly half of the first phase has been completed, sources close to the matter said.

KUALA LUMPUR (Aug 9): Cherating Holiday Villa Bhd (CHV), an indirect wholly-owned unit of Advance Synergy Bhd, is planning to buy back a resort hotel in Cherating, Kuantan from Amanah Raya Bhd for RM22.

PETALING JAYA (Feb 19): Majlis Perbandaran Petaling Jaya (MBPJ) enforcement officers raided 500 homes in Bandar Sri Damansara belonging to people who owe RM1.

PETALING JAYA (Feb 16): The lower plot ratios for property developments under the newly-gazetted Kuala Lumpur City Plan 2020 (KLCP 2020) will likely drive down the prices of development land in the capital as project densities – and consequently profitability – are reduced, reported The Edge Malaysia.

  PETALING JAYA (Feb 2): The Malaysian Anti-Corruption Commission (MACC) has questioned 20 Dewan Bandaraya Kuala Lumpur (DBKL) officers over their involvement the RM4.