CIMB takes legal action to halt PLUS Malaysia’s RFID plans

  KUALA LUMPUR (Dec 18): CIMB Group Holdings Bhd has initiated legal action against PLUS Malaysia Bhd, claiming the latter has breached its obligations under a 1998 joint-venture agreement (JVA) in relation to Touch ’n Go Sdn Bhd, by launching its own toll collection system.

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MRT Corp CEO Shahril Mokhtar resigns

KUALA LUMPUR (Dec 17): Mass Rapid Transit Corporation Sdn Bhd (MRT Corp) chief executive officer (CEO) Datuk Sri Shahril Mokhtar will be stepping down from his post at the end of the year to pursue other career options.

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