Reverting to original LRT 3 design can cut costs by RM6bn
PETALING JAYA (July 10): Almost RM6 billion can be shaved from the cost of the light rail transit line 3 (LRT 3) project if it follows its original design, reported The Star citing sources.
Ampang Jaya residents live in fear of drain collapse
KUALA LUMPUR (July 10): A drain is your friend when it takes away excess water from rains and your property but it becomes a source of worry when it is in danger of collapse and damaging your home.
New batch of MBPJ councillors to be sworn in this week
PETALING JAYA (July 10): The Petaling Jaya City Council (MBPJ) will soon see fresh councillors in action.
MRCB believed to discuss LRT3 with Prasarana, George Kent
Malaysian Resources Corp Bhd (July 9, 60 sen) Maintain buy with an unchanged target price (TP) of RM1.
Majuperak CEO Rustam Apandi resigns
KUALA LUMPUR (July 10): Majuperak Holdings Bhd managing director and group chief executive officer (CEO) Rustam Apandi Jamaludin will step down from his post on Oct 1.
Scrapping of LRT3 unlikely despite cost overruns
KUALA LUMPUR (July 10): Analysts reckon the third light rail transit (LRT3) line in the Klang Valley is not in danger of being dropped despite talk of Putrajaya reviewing the project because of massive cost overruns.
HSSI notified of ECRL suspension
KUALA LUMPUR (July 9): HSS Engineers Bhd associate company HSS Integrated Sdn Bhd (HSSI) has received a letter from China Communication Construction (ECRL) Sdn Bhd on the suspension of the East Coast Rail Link (ECRL) project, Bernama reported today China Communication Construction (ECRL) Sdn Bhd received the letter from the project owner, Malaysia Rail Link Sdn Bhd, on July 4.
MRL slams reports claiming ECRL works continuing as usual as 'inaccurate'
KUALA LUMPUR (July 9): Malaysia Rail Link Sdn Bhd (MRL), the project owner of the RM81 billion East Coast Rail Link, has dismissed today news reports that suggest construction work is continuing on the ECRL despite a suspension order having been issued.
Econpile bags RM122m bored piling contract
KUALA LUMPUR (July 9): Piling and foundation specialist Econpile Holdings Bhd has bagged a RM122 million contract to undertake working bored piles for the proposed Pavilion Damansara Heights (Parcel 2) mixed development at Jalan Damanlela here.
MRCB not affected if Prasarana fails to secure additional RM10b funding to complete LRT3, says UOB KayHian
KUALA LUMPUR (July 9): UOB Kay Hian Securities (M) Sdn Bhd believes Malaysian Resources Corp Bhd (MRCB) would not be affected if Prasarana Malaysia Bhd is unable to raise additional funds to complete the construction of the third light rail transit (LRT3), which has reached 10% to-date.
