T7 Global surges after ECRL ‘gets a reprieve’
KUALA LUMPUR (June 26): T7 Global Bhd’s share price surged by as much as 34.
ECRL can proceed with better terms
KUALA LUMPUR (June 26): The government will proceed with the East Coast Rail Link (ECRL) if it can obtain more favourable terms through renegotiation and the project’s cost is brought down, said Prime Minister Tun Dr Mahathir Mohamad.
Sabah mall faces power cut for outstanding RM9.3m bill
PETALING JAYA (June 25): The power at Sabah’s 1Borneo Hypermall may soon be cut as the deadline to settle its massive RM9.
Dr M: “Not urgent” to notify S’pore on HSR status
PETALING JAYA (June 25): Prime Minister Tun Dr Mahathir Mohamad said it was “not so urgent” to inform Singapore on the status of the Kuala Lumpur-Singapore high-speed rail (HSR) in an interview with the island republic’s Channel News Asia portal today.
Country Garden denies altered S&P claims, internally investigating issue
PETALING JAYA (June 25): Country Garden Danga Bay Sdn Bhd has denied allegations that it made amendments to the sale and purchase (S&P) agreements between the developer and the buyers of its Danga Bay project in Johor after the latter had signed the contracts.
Terengganu govt returns site for Chinese funeral parlour land
PETALING JAYA (June 25): The Terengganu government has agreed to return a 1ha site in Jakar to the Chinese community to build a funeral parlour, Bernama reported.
RM1.2m repair bill for Penang CM's official state residence
PETALING JAYA (June 25): The Seri Teratai mansion in Penang — which is the official state residence for Chief Minister Chow Kon Yeow — has received a RM1.
TRX City lodges police report on RM3bn taken by 1MDB
PETALING JAYA (June 25): TRX City Sdn Bhd (TRXC) has lodged a police report on its development funds taken by 1Malaysia Development Bhd (1MDB) last Friday (June 22) at the Jalan Travers police station in Kuala Lumpur.
KTMB's RM6bn projects delayed on protracted tender process
KAJANG (June 25): Keretapi Tanah Melayu Bhd's (KTMB) RM6 billion property development projects planned on three parcels of land at the Klang, Shah Alam and Bangi KTM stations were delayed due to the longer-than-expected tendering process between KTMB and Railway Assets Corp (RAC), said KTMB CEO Mohd Rani Hisham Samsudin.
MoT plans to make parking at KTM stations free
KAJANG (June 25): The Ministry of Transport (MoT) is aiming to provide free parking at Keretapi Tanah Melayu (KTM) stations to encourage more usage of the public transportation.
