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When Rail Matters - by sharen kaur: May 2015
http://sharenkaur.blogspot.com/2015_05_01_archive.html
When Rail Matters - by sharen kaur. Monday, May 18, 2015. HSR bridge link for Nusajaya-Jurong East. Published in NST on May 18, 2015. SINGAPORE: MALAYSIA and Singapore will build a bridge to link Nusajaya in Johor and Jurong East for the high-speed rail (HSR) connection instead of an undersea tunnel as it will cost five times less. Malaysian High Commissioner to Singapore, Datuk Husni Zai Yaacob, said based on current estimates, the HSR line between the two points would be 15km. We will also discuss fund...
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When Rail Matters - by sharen kaur: Booming cross-border ventures
http://sharenkaur.blogspot.com/2015/05/booming-cross-border-ventures.html
When Rail Matters - by sharen kaur. Monday, May 18, 2015. THE warming bilateral relations between Singapore and Malaysia can only bode well for the country, with huge investments pouring in. Both countries achieved economic milestones with the announcement of the high-speed rail network linking Kuala Lumpur and Singapore and the mass rapid transit link from Johor Baru to Woodlands. Besides Singapore, Malaysia receives huge investments from China, Vietnam, Hong Kong, Europe and the United States. Apart fr...
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When Rail Matters - by sharen kaur: RM1.2b boost to Eco World cash coffers
http://sharenkaur.blogspot.com/2015/05/rm12b-boost-to-eco-world-cash-coffers.html
When Rail Matters - by sharen kaur. Monday, May 18, 2015. RM12b boost to Eco World cash coffers. SINGAPORE: ECO World Development Group Bhd has received total cash of RM1.2 billion from its corporate exercise and will see part of the proceeds going towards spearheading its 15 development projects in Malaysia, says its chief. The Main Market-listed property developer had raised a total of RM2.8 billion from a private placement this year for expansion. Eco World is targeting total sales of RM7 billion this...
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When Rail Matters - by sharen kaur: December 2014
http://sharenkaur.blogspot.com/2014_12_01_archive.html
When Rail Matters - by sharen kaur. Wednesday, December 24, 2014. PJD banks on Aussie project to lift earnings. Published in NST on Decembr 24, 2014. KUALA LUMPUR: PJ Development Bhd (PJD), which is being acquired by veteran stockbroker Tan Sri Ong Leong Huat’s OSK Holdings Bhd, is banking on its A$1 billion (RM2.84 billion) property project in Australia to boost earnings from 2016. The property company is targeting a mixed development in Melbourne’s Southbank on a carpark site. 8220;We envision a city w...
sharenkaur.blogspot.com
When Rail Matters - by sharen kaur: MMC, partners close in on HSR
http://sharenkaur.blogspot.com/2015/05/mmc-partners-close-in-on-hsr.html
When Rail Matters - by sharen kaur. Monday, May 18, 2015. MMC, partners close in on HSR. KUALA LUMPUR: MMC Corp Bhd and its Japanese partners are finalising details to form a consortium to bid for Malaysia's first high-speed rail (HSR) system, which will link Kuala Lumpur and Singapore. Business Times understands that MMC is working with East Japan Railway Co (JR East) and Sumitomo Corp to bid for the HSR project, which is estimated to cost RM40 billion. We are coming into Malaysia for the first time....
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When Rail Matters - by sharen kaur: January 2015
http://sharenkaur.blogspot.com/2015_01_01_archive.html
When Rail Matters - by sharen kaur. Wednesday, January 28, 2015. Something brewing at the Air Asia group? KUALA LUMPUR: THERE seems to be something brewing at the Air Asia group with some very senior leaders said to be leaving, and Robert Milton playing a more prominent role in the overall operation. Milton, the former president and CEO of Air Canada has been a director of AirAsia Bhd since 2013. The others include AAX chief financial officer (CFO) Chew Eng Loke and its head of legal, Hanie Izawatie.
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When Rail Matters - by sharen kaur: YTL still interested in KL-Singapore HSR project
http://sharenkaur.blogspot.com/2015/05/ytl-still-interested-in-kl-singapore.html
When Rail Matters - by sharen kaur. Monday, May 18, 2015. YTL still interested in KL-Singapore HSR project. KUALA LUMPUR: YTL Corp Bhd is still keen to pursue the development of the high-speed rail (HSR) linking Kuala Lumpur and Singapore on a private sector funding model. Yeoh said YTL's express rail link (ERL) concession had been a success and was a good benchmark for the group's cost competitiveness for other major rail jobs, including the HSR. KLSE Invest said YTL's unchanged strategy to pursue the H...
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When Rail Matters - by sharen kaur: Eco World set for new growth phase
http://sharenkaur.blogspot.com/2015/05/eco-world-set-for-new-growth-phase.html
When Rail Matters - by sharen kaur. Monday, May 18, 2015. Eco World set for new growth phase. KUALA LUMPUR: ECO World Development Group Bhd, which has projects worth almost RM62 billion, will enter a new growth phase with a total of RM2.8 billion raised from a corporate exercise. The Main Market-listed developer has completed the last leg of its corporate exercise following a 20 per cent share placement to institutional investors, which has raised RM638.35 million. Eco World is expected to list its speci...
sharenkaur.blogspot.com
When Rail Matters - by sharen kaur: `1MDB assets have strong value'
http://sharenkaur.blogspot.com/2015/05/1mdb-assets-have-strong-value.html
When Rail Matters - by sharen kaur. Monday, May 18, 2015. 1MDB assets have strong value'. SINGAPORE: PEOPLE should look at 1Malaysia Development Bhd (1MDB) as a company with strong asset value instead of focusing on its debt level, top banker Datuk Seri Nazir Razak said. He, however, urged 1MDB to come clean with its financials and build back people's trust. 1MDB's current debt level is RM42 billion. It has power assets and landbank worth about RM50 billion. To pare down its debt, 1MDB is planning to lis...
