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Page 2 - கேண்ட் ஸ்டன் ப்ட் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Newsbreak: Prasarana chairman Tajuddin exerting his authority

PRASARANA Malaysia Bhd chairman Datuk Seri Tajuddin Abdul Rahman is looking to make significant changes at the rail and bus transport operator some of which may raise questions about the leadership and direction of the government-owned company. For starters, documents viewed by The Edge reveal that Tajuddin, who was appointed chairman on May 11, had sought the termination of the contractors of the transport-oriented development at the Dang Wangi light rail transit (LRT) station, with Prasarana looking to play a more prominent role in the project and eventually move its office to the new development. The project going on at the LRT station is Latitud 8, a mixed-use commercial development with a gross development value (GDV) of RM1.2 billion.

Supermax, Yinson, MTD ACPI, TM, KTG, Komarkcorp, WCT, Johan, Wegmans, Lambo, Cymao

KUALA LUMPUR (Dec 24): Based on corporate announcements and news flow today, companies that may be in focus next Monday (Dec 28) include Supermax Corp Bhd, Yinson Holdings Bhd, MTD ACPI Engineering Bhd, Telekom Malaysia Bhd, KTG Bhd, Komarkcorp Bhd, WCT Holdings Bhd, Johan Holdings Bhd, Wegmans Holdings Bhd, Lambo Group Bhd, and Cymao Holdings Bhd. Supermax Corp Bhd has issued a scam alert, saying certain unauthorised parties are taking advantage of the global shortage of gloves and Supermax s prominence and good standing to attempt and commit fraud. It said there are parties who claim to be involved in sales and marketing of nitrile and latex gloves as well as other personal protective equipment produced by Supermax and its subsidiaries Supermax Glove Manufacturing Sdn Bhd, Maxter Glove Manufacturing Sdn Bhd, Maxwell Glove Manufacturing Bhd and SuperVision Optimax Sdn Bhd.

WCT sees downward revision in LRT3 contract value to RM819m

KUALA LUMPUR (Dec 24): WCT Holdings Bhd said it has executed an articles of agreement with MRCB George Kent Sdn Bhd (MRCBGK), following the latter s appointment as a turnkey contractor for the Light Rail Transit 3 (LRT3) project, which entails a revision of the scope of works and a new contract price of RM819 million. In a bourse filing, the group said the revision relates to packages GS02 and GS03, which were previously awarded to WCT in 2017 with contract sums of RM840 million and RM640 million respectively. However, following the changes in design and scope of the LRT3 project, both WCT and MRCBGK agreed to a new revised contract price of RM819 million. The completion date for the LRT3 project has also been revised to Nov 30, 2023, said WCT.

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