ECRL and pipeline projects axed

By Beh Yuen Hui

Nation
Wednesday, 22 Aug 2018
12:00 AM MYT

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THE cancellation of two multi-billion dollar projects in Malaysia awarded to companies from China ends months of uncertainty, besides marking new parameters for investment by companies from the world’s second largest economy.

Tun Dr Mahathir Mohamad announced the cancellation of the RM55bil East Coast Rail Link (ECRL) and two gas pipeline projects worth RM9.41bil at the end of his five-day visit to China.

Tags / Keywords: Government , dr mahathir , ercl , cancel

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Symbol	Open	High	Low	Last	Chg	%Chg	Vol ('00)
FOCUS	0.010	0.010	0.005	0.005	-0.005	-50.00	3,624,846
HSI-PWHI	0.185	0.200	0.175	0.175	-0.005	-2.78	1,939,767
HSI-PWHV	0.170	0.185	0.160	0.160	-0.010	-5.88	1,563,864
HSI-CWGS	0.110	0.115	0.100	0.115	-0.005	-4.17	1,333,397
HSI-CWGX	0.230	0.230	0.200	0.220	-0.010	-4.35	1,222,222
HSI-CWGI	0.135	0.145	0.130	0.145	-0.005	-3.33	1,158,317
EKOVEST	0.430	0.430	0.380	0.405	-0.035	-7.95	1,044,750
OXB	0.360	0.400	0.360	0.385	0.095	32.76	1,015,514
ZETRIX	0.835	0.865	0.835	0.845	0.010	1.20	806,578
NEXG	0.530	0.535	0.525	0.530	0.000	0.00	531,175
PHARMA	0.195	0.200	0.180	0.180	-0.035	-16.28	517,753
TOPGLOV	0.685	0.685	0.655	0.675	-0.010	-1.46	475,806
TANCO	0.920	0.930	0.915	0.925	0.000	0.00	446,532
ECOSHOP	1.340	1.340	1.260	1.290	-0.060	-4.44	371,729
SAPNRG	0.040	0.040	0.035	0.040	0.000	0.00	361,312

ECRL and pipeline projects axed

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