Rawang’s traffic woes have motorists seeing red

KUALA LUMPUR (Jan 7): To the residents of Rawang and the motorists who ply Rawang’s arterial B-roads like Jalan Welman, Jalan Batu Arang and Jalan Maxwell daily, bumper to bumper traffic jams stretching for kilometres have become the norm.

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1MDB details Bandar Malaysia deal after receiving flak over discrepancy

KUALA LUMPUR (Jan 6): As 1Malaysia Development Bhd (1MDB) received flak over its statement that the sum it quoted under the Bandar Malaysia deal is subject to revision, the state investment fund further clarified today aspects of the deal with the consortium of Iskandar Waterfront Holdings Sdn Bhd (IWH) and China Railway Engineering Corp (M) Sdn Bhd (CREC).

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UEM Edgenta ventures into township management

ABOUT three weeks ago, UEM Edgenta Bhd (formerly Faber Group Bhd) forked out RM128 million in cash and shares for an 80% stake in privately held KFM Holdings Sdn Bhd, a company largely known for being a facility management outfit.

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Confusion arises over 1MDB's Bandar Malaysia deal

KUALA LUMPUR: China Railway Group Ltd’s filings with the Hong Kong Stock Exchange has created some confusion over the exact value of 1Malaysia Development Bhd’s (1MDB) sale of a 60% stake in Bandar Malaysia Sdn Bhd, to a 60:40 consortium of Iskandar Waterfront Holdings Sdn Bhd and China Railway Engineering Corp (M) Sdn Bhd (CREC).

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