MRCB-Gamuda, YTL-TH Properties get LoA for HSR

May 03

KUALA LUMPUR (May 3): The consortium of Malaysian Resources Corp Bhd (MRCB) and Gamuda Bhd, and YTL High Speed Rail Sdn Bhd (YTL THP JV) — a joint venture (JV) between Syarikat Pembenaan Yeoh Tiong Lay Sdn Bhd and TH Properties Sdn Bhd — have accepted a letter of appointment (LoA) from MyHSR Corp Sdn Bhd, appointing the two consortiums as the project delivery partners (PDPs) for the northern and southern sections of the Kuala Lumpur-Singapore High Speed Rail (KL-S’pore HSR) project.

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AIIB considering financing KL-Singapore HSR

Apr 24

KUALA LUMPUR (April 19): The Asian Infrastructure Investment Bank (AIIB) has expressed its interest in financing the Kuala Lumpur-Singapore High Speed Rail (HSR), among other infrastructure projects in Malaysia, according to the Embassy of China.

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Major coup for MRCB-Gamuda, YTL-TH Properties

Apr 06

KUALA LUMPUR (April 6): MyHSR Corp Sdn Bhd has appointed the Malaysian Resources Corp Bhd–Gamuda Bhd consortium (MRCB-Gamuda Consortium) and the Syarikat Pembenaan Yeoh Tiong Lay Sdn Bhd-TH Properties Sdn Bhd consortium (YTL-THP) as its project delivery partners (PDPs) for the Kuala Lumpur-Singapore high speed rail (HSR) civil works portion.

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Construction sector’s contract outlook still robust

Apr 04

Construction sector Maintain overweight: High-beta construction stocks were among the least favoured in the first quarter of 2018 (1Q18), with the Kuala Lumpur Construction Index falling 9% year to date (YTD), weighed down by global stock market selldown.

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