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.
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.
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.
HLIB: Property buyers in wait-and-see mode pending new govt policies post-GE14
KUALA LUMPUR (July 9): While Hong Leong Investment Bank Bhd says it can't rule out a mild recovery of interest in the property sector given the trough valuation and domestic growth focus theme with possible introduction of new policies, it said developers' full year sales may still fall short of targets, as sales would likely remain soft after the 14th general election (GE14).
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.
KPKT appoints more presidents to tackle rising tribunal cases
PUTRAJAYA (July 9): The Ministry of Housing and Local Government (KPKT) has appointed 16 presidents to the Tribunal for Homebuyer Claims and Strata Management Tribunal to tackle the rising number of tribunal case in the country.
Penang marks decade of George Town's Unesco World Heritage Site listing
PENANG (July 8): The Pearl of the Orient yesterday marked George Town's 10th year of being listed as a Unesco World Heritage Site, which culminated with the George Town Heritage Celebration Street Festival.
Trouble brewing at CCCC-George Kent JV, says report
KUALA LUMPUR (July 7): Things between China Communications Construction Co Ltd (CCCC) and its joint-venture (JV) partner George Kent (M) Bhd “is understood to be fraying at the seams because of issues” reported The Edge business weekly in its latest issue.
Paramount Property at VPEX 2018
Paramount Property Beh Chun Chong Paramount Property CEO “The improved property market is expected to sustain until the end of the year.
Asiana Agresif Sdn Bhd at VPEX 2018
Asiana Agresif Sdn Bhd PROJECT SHOWCASED AT VPEX 2018 genKL This low density condominium in Kuchai Lama, Kuala Lumpur comprises a 30-storey residential block offering 332 units of condos with built-ups ranging from a cosy 1,150 sq ft to an expansive 1,574 sq ft.
