KLIA aerotrain to resume operations by 2Q, says MD of MAHB
The RM456 million project has faced several delays, with the previous targeted operational date being Jan 31 this year.
The RM456 million project has faced several delays, with the previous targeted operational date being Jan 31 this year.
The real estate investment trust (REIT) announced a distribution of 1.
“We have been actively managing our balance sheet to create room for acquisitions and if we have a choice, we would be keen to deploy some of our capital again in the industrial and logistics area,” said Tan Choon Siang, the chief executive officer of the trust's manager, CapitaLand Malaysia REIT Management Sdn Bhd.
The 18-storey commercial complex comprises 271 hotel rooms, offices, restaurants, cafes, function rooms, banquet halls and swimming pools.
Rakuten Trade head of research Kenny Yee: “Going forward, I believe Trump may take a softer approach towards China.
The properties, comprising two pieces of leasehold industrial land in Kawasan Perindustrian Gebeng, have a combined land area of about 17.
Loke also announced that he will visit Bangkok, Thailand, in either March or April this year to further discuss strategic collaboration aimed at improving the rail network, particularly the Pan-Asian rail system, which connects China, Singapore, and all countries in mainland Southeast Asia.
Transport Minister Anthony Loke Siew Fook explained that the HSR is fundamentally different from other rail projects, such as Keretapi Tanah Melayu Bhd’s (KTMB) operations, which are fully funded, maintained, and constructed by the government.
The construction group said the contract was awarded by NextDC Sdn Bhd, the Malaysian unit of Australia's data centre operator NextDC Ltd.
The rail line project was earlier estimated to cost as much as RM100 billion as a government-funded project.