PETALING JAYA: Prasarana Malaysia Bhd initially received the Cabinet’s approval in 2015 to issue Government Guaranteed bonds of RM10bil for the LRT3 construction, according to the public transport service operator.
It said in a statement yesterday that the RM10bil Government Guarantee which was approved on March 30, 2015 only took into account the cost for work package contracts and supply of feeder buses (RM9bil), as well as land acquisition (RM1bil).
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
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!
