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First MRT line likely to cost RM20bil
KUALA LUMPUR: Although the actual cost of the country's first mass rapid transit (MRT) system will be disclosed in September due to a 50% reduction in land acquisition and other tweaks to the initial alignment, estimates have put the price tag for the first of three lines at around RM20bil.
Warisan TC gets pick-up deal
PETALING JAYA: Warisan TC Holdings Bhd will assemble and market Chinese light-duty trucks in Malaysia, thereby extending the company's light commercial vehicles product range.
Govt to acquire 600 lots of land for MRT project
KUALA LUMPUR: The Government will be acquiring between 500 to 600 lots of private land for the My Rapid Transit (MRT), which is about 20% of the total land area needed.
EPIC receives takeover offer
PETALING JAYA: Oil and gas service provider Eastern Pacific Industrial Corp Bhd (EPIC) received an unconditional take-over offer by its major shareholder, the Terengganu state government, to acquire the remaining 32.76% in the company for RM3.10 per share cash.
Director not in favour of takeover offer for EPIC
PETALING JAYA: A director of Eastern Pacific Industrial Corp Bhd (EPIC) is not in favour of the takeover offer for the group.
Shareholders of EPIC accept takeover offer
KUALA LUMPUR: The takeover offer of Eastern Pacific Industrial Corp Bhd (EPIC) by its offerors has been validly accepted by shareholders.
Oversupply of retail and office space
KUALA LUMPUR: The Klang Valley will face an oversupply of office and retail space within the next two to three years, according to property consultancy CB Richard Ellis (M) Sdn Bhd.
Influx of office space in Klang Valley worsens oversupply situation
KUALA LUMPUR: An influx of office space in the Klang Valley is putting a downward pressure on yields.
ASB unitholders to get 7.65 sen dividend per unit
KUALA LUMPUR: Amanah Saham Bumiputra (ASB) unitholders will receive a dividend of 7.65 sen per unit for the financial year ending Dec 31, 2011 compared with 7.5 sen last year.
The Pudu Jail transformation
THE decision to transform the Pudu Jail site into a prominent landmark in Kuala Lumpur has set tongues wagging among industry observers and experts within the local property scene.
