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.
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.
JB-Singapore link project misses deadline, says republic’s transport minister
KUALA LUMPUR (July 9): The deadline for Prasarana Malaysia Bhd and Singapore’s SMRT Corp Ltd to create a joint-venture company to operate the Johor Bahru-Singapore Rapid Transit System (RTS) Link has been missed, Singapore’s transport minister Khaw Boon Wan has been reported as saying.
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.
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.
‘RM6.3b Penang project to start soon with undersea tunnel’
KUALA LUMPUR (July 9): Consortium Zenith Construction Sdn Bhd (CZC), the contractor of Penang’s RM6.
No report about Rumawip being terminated, says minister
KUALA LUMPUR (July 8): The Ministry of Housing and Local Government (KPKT) has not received any report about the the construction of Federal Territory Houses (Rumawip) being halted, Bernama reported yesterday.
Government to use open tender system for projects, says works minister
KUALA LUMPUR (July 7): Putrajaya will use the open tender system extensively for government projects, especially for large scale ones, to make sure that public funds are well spent, Bernama reported Minister of Works Baru Bian saying today.
Too early to turn bullish on property segment, says report
KUALA LUMPUR (July 7): News that the Housing and Local Government Ministry is in talks with Bank Negara Malaysia to draw out the guidelines for a more relaxed loan scheme for some homebuyers may raise hopes of better earnings for the property firms.
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.
