Biswas said Tuesday’s Court of Appeal decision does not follow the 2009 High Court decision that was upheld by the Court of Appeal and Federal Court—namely that the company "retains beneficial ownership of the land".
The appellate court also dismissed Semantan Estate's appeal to acquire the land and its buildings.
The KTMB line, damaged by floods in 2006 and left idle since, presents a right-of-way that could allow ECRL to build a line parallel to KTMB’s — as done from Serendah to Jalan Kastam in Selangor, Darwis said.
“Upon arrival, they will undergo a failure-free testing on-site."
LBS Bina Group Bhd (KL:LBS) has launched Centrum Iris, the second phase of its Cameron Centrum township, marking it as the largest mixed commercial development in Cameron Highlands with a gross development value of RM472 million.
The Johor-Singapore Special Economic Zone (JS-SEZ) can boost cooperation, but success depends on reducing wage gaps and fixing worker movement and talent retention issues, according to Malaysian policymakers and industry leaders.
Johor, a rapidly growing economic hub in Malaysia, aims to attract up to RM100 billion in investments by the end of 2025.
Sunway Healthcare Group announced a 50% take-up rate for the first phase of its senior living residence, Sunway Sanctuary in Sunway City Kuala Lumpur, since its opening last year.
Ecobuilt Holdings Bhd's (KL:ECOHLDS) chief executive officer Lim Chin Yen has resigned after just four and a half months at the helm of the construction company.
Palm oil producer SD Guthrie Bhd (KL:SDG), formerly known as Sime Darby Plantation Bhd, and its sister company Sime Darby Property Bhd (KL:SIMEPROP) have entered into an agreement to jointly develop up to 2,000 acres of land on Carey Island, Selangor.
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