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KUALA LUMPUR (June 22): Mass Rapid Transit Corp Sdn Bhd (MRT Corp) is looking at various ways to reduce the cost of the second line (Line 2), which currently stands at around RM32 billion, said its chief executive officer Datuk Seri Shahril Mokhtar.

KUALA LUMPUR (June 22): Economic Affairs Minister Datuk Seri Mohamed Azmin Ali has instructed the Federal Land Development Authority (Felda), which is embroiled in several controversial deals, to undertake an “external forensic audit to get to the bottom of this”.

KUALA LUMPUR (June 22): State-owned fund manager Permodalan Nasional Bhd (PNB) has declined to comment on reports that its chairman Tan Sri Abdul Wahid Omar will be resigning early next month.

PUTRAJAYA (June 21): Matrix Concepts Holdings Bhd’s maiden project in Kuala Lumpur, Chambers Kuala Lumpur, has achieved a 60% take-up rate within three months of the project’s soft launch in February this year.

KUALA LUMPUR (June 21): Bukit Bintang MP Fong Kui Lun said that the controversy involving the rental of Ramadan bazaar lots in Kuala Lumpur could have been checked had there been local elections, reported the news portal The Malaysian Insight.

KUALA LUMPUR (June 21): KLCC (Holdings) Sdn Bhd will proceed with its property projects as planned but is mindful about the current soft market sentiment in the commercial property sector, according to group chief executive officer Datuk Hashim Wahir.

KUALA LUMPUR (June 21): There is no need to replace Penang’s councillors for the time being.

PETALING JAYA (June 21): Sunway Construction Group Bhd (SunCon) is keen to participate in the scaled-down tender for Phase 2 of the Klang Valley Double Track (KVDT) project, of which the original cost was deemed too hefty by the Pakatan Harapan government.

KUALA LUMPUR (June 20): The recent political changes in Putrajaya has cast a spotlight on the properties owned by the Penang Port Commission (PPC).

PETALING JAYA (June 20): The Penang government will keep its ceiling on low-cost, low-medium-cost and affordable housing, said state housing exco Jagdeep Singh Deo.