News about TM

PETALING JAYA (July 3): The catalytic developer and master planner of Iskandar Puteri, Iskandar Investment Bhd (IIB), wants to attract investments in agriculture technology (agritech) and emerging technology such as drones, blockchain, artificial intelligence and virtual reality for its next phase of growth starting in 2022, The Edge Malaysia reported this week.

KUALA LUMPUR (June 29) : The tender for the first phase of the Rasau water treatment plant will close in August and September this year, said Pengurusan Air Selangor Sdn Bhd (Air Selangor) head of operations Ir.

KUALA LUMPUR (Jun 23): Keretapi Tanah Melayu Bhd (KTMB) has given the assurance that its 265km rail network affected by the Klang Valley Double Tracking (KVDT) rehabilation project is safe and can be used for passengers and freight train operations.

PETALING JAYA (June 22): The stop-work order which involved the works on scaffolding and falsework in 10 locations on the Damansara-Shah Alam Elevated Highway (DASH) will remain until sufficient safety measures are implemented, said the Malaysian Highway Authority (LLM).

PUTRAJAYA (June 22): Dhaya Maju LTAT Sdn Bhd, the company involved in the Klang Valley Double Tracking Project 2 (KVDT2) dispute, has today been given an extension of its ad-interim injunction against the Malaysian government, Transport Minister Datuk Seri Wee Ka Siong and Keretapi Tanah Melayu Bhd (KTMB) until July 26, when the hearing of its appeal is scheduled.

KUALA LUMPUR (June 22): Berjaya Corp Bhd (BCorp) yesterday warned of an email scam involving persons posing as the company's officers and falsely giving the impression that the company bearing the name Berjaya Investments Bhd is affiliated to the BCorp group.

PETALING JAYA (June 18): With increasing consolidation in the property sector, the market is seeing the industry being dominated by a few players with landbank that carried an estimated gross development value (GDV) of close to RM100 billion, said Public Investment Bank Bhd (PublicInvest Research).

PETALING JAYA (June 18): IIB Ventures Sdn Bhd, a subsidiary of Iskandar Investment Bhd (IIB), has collaborated with the Malaysian Technology Development Corp Sdn Bhd (MTDC), as part of its efforts to accelerate the growth of IR4.

PETALING JAYA (June 17): The one-month long full lockdown (FMCO) is expected to affect the property sales and developers’ earnings in the second quarter this year, but Maybank Investment Bank Research believed that property sales will be picking up again once movement restrictions are lifted .

KUALA LUMPUR (June 15): Maju Expressway Sdn Bhd (MESB) has defaulted on its RM50 million bond principal after failing to redeem its outstanding amount, according to facility agent CIMB Investment Bank Bhd.