News about TM

GEORGE TOWN (October 1): At the public dialogue to discuss the Penang Transport Master Plan (PTMP) yesterday, Penang Forum suggested the state consider an Autonomous Rail Rapid Transit (ART) system.

PETALING JAYA (Sept 29): Hilton Garden Inn North – formerly the Cititel Express – and Hilton Garden Inn South – formerly the Hotel Empress – on Jalan Tunku Abdul Rahman, Kuala Lumpur, was sold for RM240 million by Singapore's Royal Group in August – barely three years after it had acquired the properties, reported The Edge Malaysia.

KUALA LUMPUR (Sept 28): Federal Commercial Crime Investigation Department (CCID) director Commissioner Datuk Seri Amar Singh Ishar Singh has denied allegation that police stole RM43.

KUALA LUMPUR (Sept 26): Traffic at KM42 of Jalan Simpang Pulai-Cameron Highlands near Ipoh, Perak came to a halt when heavy rains turned a slope into a river of mud, reported the Malay Mail today.

KUALA LUMPUR (Sept 24): Penang wants its elevated light rail transit (LRT) system and will not settle for a tram system.

The outlook remains uncertain in the local construction sector.

Sunway Construction Group Bhd (Sept 18, RM1.

Real estate investment trust sector Maintain neutral: There are no surprises for 2QCY18 earnings for  real estate investment trusts (REIT).

Construction sector Maintain neutral: For the recent second quarter of 2018 results season, seven (54%) out of the 13 contractors under our coverage reported core earnings that were below expectations and six (46%) were within.

  PETALING JAYA (Sept 10): Parking and traffic woes, potholes, stacks of garbage and pests are just some of the problems that are ticking off residents of Taman Lembah Maju 600 Apartment in Kuala Lumpur, reported The Star.