MRCB withdraws from KL-SG HSR consortium

Quick Summary:

PETALING JAYA: Malaysian Resources Corp Bhd (MRCB) has withdrawn from a consortium that is bidding for the proposed Kuala Lumpur-Singapore high-speed rail (KL-SG HSR) project.

Work on the project was put on hold in September 2018.

In 2021, the project was formally terminated after both countries failed to reach an agreement on the proposed changes.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaSingapore

Topics: Vincent Tan /Business/Business News Berjaya Corp MRCB Consortium Corporate News KL-SG HSR

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-18 @ 19:21:00 (4 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 395 words

Reading Time: 3 minutes read

Sentences: 14 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 24536311

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About The Star

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 48 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 3 hours ago

Coverage Areas: Malaysia

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Publisher ID: #22

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