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Kajang-Putrajaya rail link may be revived

PETALING JAYA: Plans are afoot to revive the abandoned RM400mil Putrajaya rail link with an additional extension up to the Kajang mass rapid transit (MRT) station.

Dayang Enterprise in MoU for Melaka job

KUALA LUMPUR: Dayang Enterprise Holdings Bhd has entered into a memorandum of understanding (MoU) with PKNM Energy Sdn Bhd and Main Velocity Sdn Bhd (MVSB) to establish a cooperation and collaboration in exploring, securing and operating any projects in Melaka.

Ti: Consider more local contractors for ERCL job

KUALA LUMPUR: While the government is re-negotiating the East Coast Rail Link (ECRL) contract, it would be good to include and consider more participation by local contractors if the project takes off again, said MCA vice-president Senator Datuk Seri Ti Lian Ker.

White House drafts emergency order Trump could issue over wall funds - CNN

WASHINGTON (Reuters) - The White House is preparing an emergency declaration that President Donald Trump could issue as a way to circumvent Congress if lawmakers do not provide funding for a wall along the U.S. southern border, CNN reported on Thursday, citing internal documents.

TSR Capital gains 6% on Gemas-Johor Bahru electrified double-track subcontract

KUALA LUMPUR: Shares of TSR Capital Bhd rose in early trade Tuesday, after the company announced that it has secured a RM307mil contract for Gemas-Johor Bahru electrified double-track project.

TSR unit wins subcontract job for Gemas-Johor Baru double track project

PETALING JAYA: TSR Capital Bhd has received a RM307mil subcontract job for the Gemas-Johor Baru electrified double-tracking project from Syarikat Pembenaan Yeoh Tiong Lay Sdn Bhd.

Government decisions have cleared up uncertainties in MRCB

KUALA LUMPUR: The government's decision to continue with the construction of the Light Rail Transit 3 (LRT3) and compensate for the Eastern Dispersal Link (EDL) has cleared the uncertainties in Malaysian Resources Corp Bhd (MRCB), says AmInvestment Bank Research.

CIMB Research retains underweight on construction after ECRL scrapped

KUALA LUMPUR: CIMB Equities Research is maintaining its Underweight rating on the construction sector following the cancellation of the East Coast Rail Link (ECRL).

Mega stop, go, maybe

Pakatan Harapan announced that it would review a number of mega projects initiated by the previous administration to save the country billions of ringgit. Since then, some multi-billion ringgit projects have been permanently shelved, others suspended or placed under review, while some were given the green light to carry on.

Finance Ministry wants drastic cut in RM31bil LRT3 project

PETALING JAYA: The astronomical cost of the 37-km light rail transit 3 (LRT3) project has to come down drastically from RM31.45bil for the Ministry of Finance (MoF) to support it.