East Coast Rail Link gets eight banks to manage renminbi loan exposure
Under the arrangement, the banks have been appointed as joint lead coordinators to oversee the currency risk management framework linked to the ECRL’s loan obligations.
Under the arrangement, the banks have been appointed as joint lead coordinators to oversee the currency risk management framework linked to the ECRL’s loan obligations.
He succeeds Yeoh Chong Keat, 68, who resigned after serving on the board for nearly 10 years since his appointment in August 2016.
As of February 2026, the project has achieved about 93% overall completion.
The optimistic outlook comes even as some observers caution that the tourism campaign may face headwinds from rising geopolitical tensions, particularly in the Middle East.
Kan said the majority of Adnex’s materials and supplies are sourced domestically and from China.
One of the country’s largest fund managers said on Monday in a statement that its board investment committee considered IJM’s intrinsic value versus the RM3.15 offer price and the potential future gain from the Sunway shares to be issued, relative to their issuance price.
Transport Minister Anthony Loke said abandoned vehicles that are not properly disposed of could expose owners to legal risks, especially if the vehicles are stolen or modified by third parties.
Finance Minister II Datuk Seri Amir Hamzah Azizan said the ECRL alignment from Gombak to Port Klang in Selangor will be completed by December 2027 and will become fully operational in January 2028.
IJM Corporation Bhd (KL:IJM) said it is reviewing the strategy for its key businesses, including monetising part of its vast land bank at its property division, after rebuffing a takeover offer.
Semantan Estate (1952) Sdn Bhd has filed a further discovery application to obtain pre-Merdeka land records and zoning documents for its upcoming compensation assessment proceedings.