HSR structure levels playing field for international bidders
THERE are still many details of the KL-Singapore high-speed rail project that need ironing out before the bilateral agreement is signed at the end of the year.
Boustead aims to launch 1 Cochrane condos early next year
PETALING JAYA (July 26): Boustead Holdings Bhd aims to launch its 1 Cochrane condominiums in Cheras early next year, said divisional director under property Datuk Seri Ghazali Mohd Ali (pictured).
MyHSR Corp appoints technical advisor for Kuala Lumpur-Singapore high speed rail
PETALING JAYA (July 26): Following the recent signing of the Memorandum of Understanding (MoU) on the Kuala Lumpur-Singapore high speed rail (KL-SG HSR) by both the Malaysian and Singaporean governments, MyHSR Corp Sdn Bhd (MyHSR) has selected CH2M as its technical advisor for the landmark cross-border project.
CapitaLand Mall Trust remains DBS’s mall owner of choice
SINGAPORE (July 27): DBS Vickers Securities is keeping its “hold” call on CapitaLand Mall Trust (CMT) with a higher target price of S$2.
CEO: Tabung Haji will not sell off TRX land
KUALA LUMPUR (July 26): Tabung Haji has indicated it will not sell the Tun Razak Exchange (TRX) land that it purchased from 1Malaysia Development Bhd (1MDB), as the pilgrimage fund sees long-term value in the piece of land.
KKB Engineering-WCT JV bags RM1.29 bil Pan Borneo Highway job
KUALA LUMPUR (July 26): The joint venture of KKB Engineering Bhd and WCT Holdings Bhd has bagged a RM1.
How the Singapore-KL High Speed Rail could bring more than growth
SINGAPORE (July 26): UOB is expecting the Singapore-Kuala Lumpur High Speed Rail to be the “next growth-game changer for the two countries, after Singapore Prime Minister Lee Hsien Loong and Malaysia Prime Minister Najib Razak signed the memorandum of understanding for the project on July 18.
PPESW-BPSB JV clinches Pan Borneo Highway job
KUALA LUMPUR (July 26): A joint venture (JV) between Bina Puri Holdings Bhd and Cahya Mata Sarawak Bhd yesterday received and accepted a letter of award from Lebuhraya Borneo Utara Sdn Bhd for the proposed development and upgrade of Pan Borneo Highway in Sarawak for a contract sum of RM1.
Public Bank lowers BR, BLR by 23 bps
KUALA LUMPUR (July 26): Public Bank Bhd announced yesterday that it will reduce its base rate (BR) and base lending rate (BLR) or base financing rate by 23 basis points (bps) from tomorrow onwards, following Bank Negara Malaysia’s (BNM) move to cut the overnight policy rate by 25 bps to 3%.
Tiong Nam has business expansion plans on the cards
Tiong Nam Logistics Holdings Bhd(July 25, RM1.
