Prasarana to contest court injunction


President and group chief executive officer of the urban public transport operator and asset owner Datuk Azmi Abdul Aziz said it would try to offer as many packages as possible in ensuring optimal participation from those companies that had made it through the pre-qualication process of the new 36 km line, linking Bandar Utama to Klang.

KUALA LUMPUR: Prasarana Malaysia Bhd, the asset and project owner for the Kuala Lumpur Monorail Fleet Expansion Project (KLMFEP), said it would be contesting the ex-parte injunction order that Scomi Transit Projects Sdn Bhd (Scomi) had obtained against the company.

President and group chief executive officer Datuk Azmi Abdul Aziz said Prasarana had directed its lawyers to challenge and overturn the court order.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , Prasarana , Scomi , court , injunction , Axmi , court , stocks , shares ,

   

Next In Business News

Wall St set for higher open as chip stocks bounce back after selloff
Malaysia's video gaming industry projected to hit US$649mil revenue in 2024
Farhash ceases to be HeiTech Padu’s substantial shareholder
MATRADE formulating strategies to address geopolitical challenges
Trading in Awanbiru shares to be suspended april 26
Ringgit continues to close higher against US dollar
RHB expands sustainable financial services target to RM50bil by 2026
Astaka awards Kimlun with RM150mil construction contract
Yinson GreenTech, Eastern Pacific Shipping team up for greener shipping industry
Affin launches cashless initiative for Lembaga Muzium Negeri Terengganu

Others Also Read