#BerjayaLand jumped following report that its unit, #BerjayaRail is leading a consortium that’s bidding for the #KualaLumpur-Singapore #HighSpeedRail (#HSR) project

Part of a conglomerate controlled by tycoon Vincent Tan, #Berjaya Land climbed as much as 25% in early trade

#MRCB, which is part of the consortium, and #IJM Corp, whose unit is also involved, advanced to the highest in four years

Read more: https://www.freemalaysiatoday.com/category/highlight/2024/01/26/royalty-linked-stocks-jump-on-hsr-bid-report/

#rail #IJMC #IJMCorp #railway #TootSEA #train #highspeed

A consortium consisting of #Alstom, #IJMC & #Pestech will be completing the #aerotrain #replacement #project

Alstom & Pestech were the original contractors, #MAHB terminated the contract in August last year citing Pestech being behind schedule as the reason

Under new agreement, Alstom, the Aerotrain's original equipment manufacturer, will be responsible for coordinating the works to recommence the project and deliver 3 new #trains & 2 lines by 1Q2025

Read more: https://theedgemalaysia.com/node/697672

#APM