Friday 22 Nov 2024
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EVENING 5: Aerotrain project back on track with Alstom, IJM-Pestech

 

Here’s a quick look at some of the stories that made headlines today.

Dirty dealings. Corporate battles. Consumer woes. Here are five things you need to know today.

1. Malaysia Airports Holdings Bhd has announced that a consortium consisting of ALSTOM Transport Systems (Malaysia) Sdn Bhd, IJM Construction Sdn Bhd and Pestech Technology Sdn Bhd will be completing the aerotrain replacement project.

2. The National Water Services Commission has announced that water tariffs for domestic users in the peninsula and Labuan will increase an average of 22 sen per cubic metre, effective Feb 1.

3. It was a red day on the bourse as heavy selling persisted and a number of counters hit limit down. 

4. Datuk Seow Gim Shen, Metaco Assets Holdings Sdn Bhd and Bemas Holdings Sdn Bhd have emerged as the new substantial shareholders of Rexit Bhd.

5. Sarawak Consolidated Industries Bhd is in talks with the Sarawak state government over a potential land acquisition, after its shares hit limit down for the second consecutive day.

 

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