PUBLIC TRANSPORTATION SECTOR & REVIVING MALAYSIA’S INFRASTRUCTURE PRIVATISATION Malaysia’S Engineering DNA
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Keretapi Tanah Melayu Berhad Enters Into a Shareholders Agreement with Mmc Corporation Berhad
FOR IMMEDIATE RELEASE KERETAPI TANAH MELAYU BERHAD ENTERS INTO A SHAREHOLDERS AGREEMENT WITH MMC CORPORATION BERHAD KUALA LUMPUR, 1 December 2015 – Keretapi Tanah Melayu Berhad (“KTMB”) today has entered into a Shareholders Agreement with MMC Corporation Berhad (“MMC”) to form a joint venture company (“JVC”) which will be known as KTMB MMC Cargo Sdn Bhd. KTMB will hold 51% equity interest in KTMB MMC Cargo Sdn Bhd and the remaining 49% equity interest will be held by MMC Corp. KTMB and MMC will subsequently undertake the business of rail freight transport and related businesses in the rail cargo sector. Lt. Kol. (B) Hj. Sarbini Tijan, the President of KTMB said that “The formation of KTMB MMC Cargo Sdn Bhd will provide the necessary synergy impetus to the JVC as both, KTMB and MMC, will be able to leverage on each other’s strength to increase market share in the logistic sector. The JVC also will have access to KTMB’s rail network connecting to major seaports in Peninsula Malaysia such as Port Klang and Penang Port and other seaports owned and operated by MMC Group. KTMB MMC Cargo Sdn Bhd will also be able to utilise on the technical and operational knowledge and know-how from KTMB and MMC”. Dato Sri Che Khalib Mohamed Noh, the Group Managing Director of MMC said that “The incorporation of KTMB MMC Cargo Sdn Bhd is very timely as it will increase the frequency of the rail inter-terminal transfer (“Rail ITT”) between ports owned by MMC. It 1 is expected that KTMB MMC Cargo Sdn Bhd will provide an efficient and reliable Rail ITT services where the said services will be synchronised with the arrival and departures of vessels at the relevant ports”. -
Sunway Berhad Maintain BUY Wins BRT Job As Expected; Stock Valuation to Improve on Revised Target Price (TP): RM3.50 Sentiment (Previously RM2.96)
12 March 2013 | Corporate Update Sunway Berhad Maintain BUY Wins BRT job as expected; stock valuation to improve on Revised Target Price (TP): RM3.50 sentiment (previously RM2.96) INVESTMENT HIGHLIGHTS RETURN STATS • Wins RM453m BRT job on PPP with Prasarana Price (11 Mar 13) 2.76 • Completion in 24 months, Sunway to contribute RM99m in works, under CSR Target Price 3.50 • Target price increased to reflect lower discount to SOP Expected Share Price 26.81% valuation on better sentiment towards property Return Expected Dividend Yield 2.18% Bus Rapid Transit: In a public-private partnership (PPP), Sunway Expected Total Return +28.99% Berhad (Sunway) has been awarded contracts worth RM452.5m from Syarikat Prasarana Negara Berhad (Prasarana) for the Design, Construction, Completion and Commissioning of: 1) Guideway & Halts; STOCK INFO 2) Depot; 3) Park n Ride; and 4) Mechanization of Oxidation Pond of the Bus Rapid Transit (BRT) - Sunway Line (refer to appendix). KLCI 1657.96 5211/ Bus on elevated track: The BRT- Sunway Line will provide eco-friendly Bursa / Bloomberg SWB MK bus services connecting the future station of the LRT extension and Setia Jaya KTM station. At a length of approximately 5.4 km, the BRT Board / Sector Main/ Property will link up key commercial areas in Bandar Sunway and Subang Jaya Syariah Compliant YES through 7 stations. Social responsibility: In addition to funding from Prasarana, Sunway Issued shares (mil) 1292.50 will additionally and separately contribute works estimated to cost Par Value (RM) 1.00 approximately RM99.0m as part of its continuous corporate social responsibility initiative. -
Audit Committee Report
AUDIT COMMITTEE REPORT The Malaysian Code on Corporate Governance and the Listing Requirements of Bursa Malaysia Securities Berhad (Bursa Malaysia) specify that an Audit Committee shall be established by the Board of Directors from amongst their numbers via a Directors’ resolution. The requirements include the following: 1. The Audit Committee shall comprise no fewer than 3 members; 2. A majority of the Audit Committee shall be independent directors; 3. At least one member must also fulfill the following additional requirements; a. Must be a member of the Malaysian Institute of Accountants (“MIA”); or b. If not a member of MIA, must have at least 3 years working experience and i. must have passed the examinations specified in Part 1 of the 1st Schedule of the Accountants Act 1967; or ii. must be a member of one of the associations of accountants specified in Part 11 of the 1st Scheduled of the Accountants Act 1967; or c. Fulfills such other requirements as prescribed by exchange. The members of the Audit Committee shall elect from amongst themselves a Chairman who is an independent non-executive director. Members of the Audit Committee including the Chairman shall only hold office as long as they serve as Directors of the Company. An alternate Director shall not be appointed as a member of the Audit Committee. Any member of the Audit Committee, which relinquish his membership with prior written notice to the Company Secretary and may continue to serve as a Director of the Company. Any vacancy in the Audit Committee, which results in a contravention of the Bursa Malaysia’s Listing rules on composition of the Audit Committee, must be filled within three months. -
EY KL Calling 2020
KL calling: dynamic, digital, diverse Investors guide Foreword The next phase of Kuala Lumpur’s growth is pivoting towards next-gen industries, including Industry 4.0. In recent years, Kuala Lumpur has garnered investments from high-tech multinational corporations in advanced medical technologies, digital e-platforms, Internet of Things, robotics and higher-value Global Business Services. Malaysia’s world-class infrastructure, supportive government policies and agencies Dato’ Abdul Rauf Rashid and future-ready digital talent proficient in EY Asean Assurance Leader English and Asian languages continue to Malaysia Managing Partner attract international businesses to establish Ernst & Young PLT their regional headquarters and centers in Kuala Lumpur. Beyond 2020, I envision that Kuala Lumpur will holistically evolve to become a smart digital city, driven by a balanced community purpose, i.e., to serve its residents’ needs and systemically improve common facilities and amenities for the well-being of Malaysians, business residents, expatriates and international visitors. Malaysia welcomes investors to recognize Kuala Lumpur’s 3 D strengths: dynamic, digital, diverse, and participate in Kuala Lumpur’s next exciting transformation! Selamat datang ke Kuala Lumpur! KL calling: dynamic, digital, diverse | 1 Our strategy is to be as close as “possible to our customers to understand their needs and to Malaysia’s fundamentals remain develop suitable products and “ solutions to fulfil their strong and attractive to investors. requirements. As the region’s most competitive manufacturing Despite the COVID-19 pandemic, powerhouse, Kuala Lumpur we remain in active discussions emerged as a natural favorite. with potential investors. Although some investors are ABB taking a wait-and-see approach, others remain committed to their investments as they hold a long- About 16 months into our term view. -
HSS Engineers Is Currently Bidding for Railway, Renewable Energy and Water-Related Projects to Expand Its Order Book
28 January 2019 Water play Company Update HSS Engineers is currently bidding for railway, renewable energy and water-related projects to expand its order book. The government’s ongoing water asset consolidation exercise and planned water tariff HSS Engineers hikes nationwide will support crucial capital expenditure to expand the HSS MK water supply and improve distribution efficiency. The potential revival Sector: Engineering Construction of highway and railway projects will also improve HSS’ new contract procurement prospects. HSS remains our top small-cap sector BUY RM0.99 @ 25 January 2019 with a new target price of RM1.20, based on a FY19E PER of 22x. Bidding for water projects BUY (maintain) State-owned water utility Pengurusan Air Selangor Sdn Bhd has a capex Upside: 21% plan of RM30bn over 30 years starting from this year. Other state governments also plan to increase their capex to improve their water supply Price Target: RM1.20 and distribution systems. We gather that HSS has submitted 10-12 bids for Previous Target: RM1.18 (RM) water infrastructure design contracts nationwide. Some tenders are 2.00 1.80 submitted in partnership with contractors for design and build projects. 1.60 1.40 1.20 High order book even with ECRL cancellation 1.00 0.80 HSS’ order book stood at RM588.6m as at 30 Sept 2018, providing earnings 0.60 0.40 visibility for the next 2-3 years. It has good prospects of winning new 0.20 0.00 contracts this year with potential tenders worth more than RM300m. HSS’ Dec-16 May-17 Oct-17 Mar-18 Aug-18 Jan-19 suspended contracts for the East Coast Rail Link (ECRL) project (remaining Price Performance value of RM95m or 16% of its order book) will likely be cancelled with the project termination; we excluded them from our forecasts earlier. -
Media Release Final Tunnel Boring Machine Breakthrough for the Mrt Putrajaya Line
MEDIA RELEASE FINAL TUNNEL BORING MACHINE BREAKTHROUGH FOR THE MRT PUTRAJAYA LINE Kuala Lumpur, 17 July 2020: The MRT Putrajaya Line (previously known as the MRT Sungai Buloh-Serdang-Putrajaya Line) saw its final tunnel boring machine (TBM) breakthrough at the Ampang Park MRT Station site today, marking a major milestone for the project. The TBM, codenamed TBM 774, was launched in September 2019 from Conlay MRT Station site and excavated a section of the MRT tunnel beneath Jalan Stonor, Persiaran KLCC, Jalan Binjai and Jalan Ampang as well as the LRT Kelana Jaya Line tunnels to the Ampang Park MRT Station site, a distance of 917 metres. The breakthrough – where a TBM completes its excavation work and bores through the wall and breaks into a station box or shaft – was witnessed by Datuk Mohd Zarif Hashim, the newly appointed Chief Executive Officer of Mass Rapid Transit Corporation Sdn Bhd (MRT Corp). “We congratulate MMC Gamuda for the TBM breakthrough today. This is a major milestone for the project,” he said during the event. He added that today’s breakthrough also showed that the project was able to achieve good progress despite the Covid-19 pandemic. Also present at the breakthrough were MRT Corp’s Project Director MRT Putrajaya Line Dato’ Amiruddin Ma’aris, MMC Gamuda KVMRT (PDP SSP) Sdn Bhd Directors Dato’ Ir Paul Ha and Datuk Seri Che Khalib Mohd Noh as well as MMC Gamuda MRT Putrajaya Line Project Director Dato’ Wong Wai Ching. MMC Gamuda is the turnkey contractor for the construction of the MRT Putrajaya Line. -
Section 7 Potentially Significant Impacts and Mitigation Measures During the Operation Stage
Section 7 Potentially Significant Impacts and Mitigation Measures During The Operation Stage Proposed Light Rail Transit Line 3 from Bandar Utama to Johan Setia Detailed Environmental Impact Assessment SECTION 7 : POTENTIALLY SIGNIFICANT IMPACTS AND MITIGATION MEASURES DURING THE OPERATIONAL STAGE 7. SECTION 7 : POTENTIALLY SIGNIFICANT IMPACTS AND MITIGATION MEASURES DURING THE OPERATIONAL STAGE 7.1 INTRODUCTION This section of the report examines the potentially significant impacts that could arise during the operational phase of the Project. The impacts are assessed in terms of magnitude, prevalence, duration and frequency of occurrence whichever is applicable, and their consequences. This section also discusses the mitigation measures which can be implemented to ensure the adverse impacts are kept to a minimum. 7.2 SENSITIVE RECEPTORS The receptors of the potential impacts from the Project would include all the various communities and land uses located along the alignment, which have been identified and described in Section 4.4 of this report. 7.3 POTENTIALLY SIGNIFICANT IMPACTS The main potentially significant impacts expected during the operational stage are as follows: Noise – from the operation of the trains, especially for premises located close to the station and at bends Vibration – from the operation of the trains, particularly along the underground section Traffic – the Project is expected to contribute the overall traffic improvement, particularly at Klang areas Visual impacts – the elevated structures may affect the existing landscape along certain stretch of the alignment, particularly at residential areas Air quality – the Project is expected to contribute to overall air quality improvement in the Klang Valley in terms of avoided emissions Social impacts – people in Klang, Shah Alam and Petaling Jaya are expected to benefit in terms of better public transport system as well as enhanced economic activities, especially those located within the certain radius of the stations. -
USMC Fact Sheet
Hotels Nearby To Campus Thistle Hotel (www.thistle.com) Jalan Sungai Chat, 80100 Johor. Campus Address Distance : 20.7 km Tel: +607 - 222 9234 No 3, Persiaran Canselor 1, Kota Ilmu, Approx: 18mins EduCity@Iskandar, 79200 Nusajaya, Johor. Pariss Hotel (www.parisshotel.com.my) Tel: +607 - 560 2560 No 38, Jalan Bestari 7/2, Taman Nusa Bestari 81300 Skudai, Johor. Nearby Airports From Campus Distance: 10.3 km Tel: +607 - 232 8250 Senai International Airport, Johor. Approx: 10 mins Distance: 33km Tune Hotel (www.tunehotels.com) Changi International Airport, Singapore. Danga Bay, Lot PTB 22819, Distance: 60km Jalan Skudai, Mukim Bandar Johor, 80200 Johor. Distance: 17 km Tel: +607 - 2329010 Approx: 15 mins Car Hire Service Hotel Granada (www.htlgranada.com) Persona Berkat Solution Car Rental Jalan Indah 15/2 , Tel: +6016 - 410 6640 Taman Bukit Indah, 81200 Johor. Distance: 10.6km Tel: +607 - 231 8888 May Flower Car Rental Approx: 11 mins Tel: +607 - 224 1357 Traders Hotel Puteri Harbour Wahdah Car Rental (www.shangri-la.com/johor/traders/) Tel: +607 234 8645 Persiaran Puteri Selatan, Puteri Harbour, 79000 Nusajaya, Johor. Distance: 6.2 km Tel : +607-560 8888 Approx: 9mins Campus Address: No 3, Persiaran Canselor 1, Kota Ilmu, EduCity@Iskandar, 79200 Nusajaya, Johor. Tel: +607 - 560 2560 How To Get To Our Campus Taxi Service Driving Changi Airport To Campus From Kedah Taxi Azman : +6019-772 5048 Distance: 766 km Approx. 7 hours 43 mins * Please call and make your booking 3 days ahead From Penang Distance: 687km Approx. 7 hours From Ipoh Distance: 531km Approx. 5.5 hours Senai International Airport To Campus From Kuala Lumpur Purchase the taxi voucher from the airport, not Distance: 326km Approx. -
Causeway Link Buses Now Available from Mall of Medini to Singapore
5/5/2016 Causeway Link buses now available from Mall of Medini to Singapore | New Straits Times | Malaysia General Business Sports and Lifestyle News Causeway Link buses now available from Mall of Medini to Singapore BY CHUAH BEE KIM 16 MARCH 2016 @ 8:30 PM Tweet ISKANDAR PUTERI: Those who commute to Singapore can now head to the Mall of Medini to take the Causeway Link buses to the republic. Handal Indah Sdn Bhd executive director Rozlan A. Bakar said the mall has more than 1,000 parking spaces for commuters to park their cars before taking the buses to Singapore to work. Rozlan said there are 50 trips from the mall to the Sultan Abu Bakar Customs, Immigration and Quarantine Complex in the Second Link from as early as 5am, and daily services from the Sultan Iskandar CIQ Building to Singapore via the Causeway. A total of 1.1 million commuters use the Causeway Link buses daily to and from Singapore to Johor per month, which is about 36,000 commuters a day. On challenges faced by Handal Indah, Rozlan said the company has a shortage of bus drivers and the road conditions also cause buses to have a shorter lifespan and suffer breakdowns. "A total of 150 buses can head to Singapore in a day, and the same number come to Johor via Singapore," he told a Press conference here today. "However, we take steps to improve comfort for commuters and we upgrade on technology," he said. As for buses plying routes in the city, Rozlan said there are 200 buses for this and the waiting time is 20 minutes per bus. -
Behavioral Intention to Use Public Transport Based on Theory of Planned Behavior
MATEC Web of Conferences 47, 003 08 (2016) DOI: 10.1051/matecconf/201647003 08 C Owned by the authors, published by EDP Sciences, 2016 Behavioral Intention to Use Public Transport Based on Theory of Planned Behavior Kamarudin Ambak1,a, Kanesh Kumar Kasvar1, Basil David Daniel1, Joewono Prasetijo1 and Ahmad Raqib Abd Ghani1 1Smart Driving Research Center, Universiti Tun Hussein Onn Malaysia, 86400 Batu Pahat, Johor, Malaysia Abstract. An increase in population generates increasing in travel demand. In Malaysia, public transport become an important modes of transport that connection people. This paper presents behavioural intention to use public transport especially public bus based on Theory of Planned Behaviour (TPB). A questionnaire survey was conducted to identify factors that contribute and influence users to use public bus and to determine factor that most dominant using TPB model. A total of 282 questionnaires were distributed in selected area of Batu Pahat and Kluang. Correlation and regression analysis were used for this study. Results show that the Attitude toward public transport is the most dominant factor compared with Subjective Norm and Perceived Behavior Control that influencing users to use public bus. Majority respondents were agreed that they prefer to use public bus because it is cheap to travel and no other choices of other transfer modes. As for the recommendation, this study can be extended in future as part of strategic sustainable transportation system in Batu Pahat and Kluang areas. 1 Introduction Malaysia is one of the substantial developing nations in South East Asia. Transportation plays vital role in Malaysia economic contribution. Modern day busy lifestyles have increased the value of time. -
Service Disruption on Mrt Kajang Line Due to Signalling Problems
MEDIA STATEMENT FOR IMMEDIATE RELEASE SERVICE DISRUPTION ON MRT KAJANG LINE DUE TO SIGNALLING PROBLEMS KUALA LUMPUR, 16 August 2021- MRT Kajang Line is experiencing a service disruption due to signalling problems that were detected at 9.15am today that caused all trains that were in operations along the MRT Kajang Line to be held at platforms along its entire alignment starting from MRT Sungai Buloh Station to MRT Kajang Station. “The signalling problems are believed due to a technical issue and Rapid KL’s Engineering Department, together with BT Alstom who is the system’s manufacturer and Mass Rapid Transit Corporation Sdn Bhd (MRT Corp), are working to resolve this so that MRT Kajang Line could operate normally as soon as possible,” said a statement issued by the rail operator today. When the signalling problems were detected, all trains that were in operations switched to manual mode and were driven by Transit Officers to the nearest station, at a speed of not more than 25km/hour. Passengers were advised to disembark and take alternative transport in order to continue with their journey. Then, MRT Kajang Line suspended its operations from 11.15am to 3.45pm to allow for diagnostic work and full system reboot to be performed. It has since resumed operations at 3.45pm in revised service mode. “We deeply regret the inconvenience and would like to apologise to our passengers for this service disruption. For the safety of all involved, MRT Kajang Line is currently operating on revised service mode where trains would be moving slower and dwelling at platforms longer,” it added. -
The Development and Distribution Pattern of Railway Network for Urban Public Transport Using GIS from 1990 Until 2019 in the Klang Valley and Kuala Lumpur, Malaysia
JOURNAL OF SOCIAL TRANSFORMATION AND REGIONAL DEVELOPMENT VOL. 2 NO. 2 (2020) 1-10 © Universiti Tun Hussein Onn Malaysia Publisher’s Office Journal of Social Transformation JSTARD and Regional Journal homepage: http://publisher.uthm.edu.my/ojs/index.php/jstard Development e-ISSN : 2682-9142 The Development and Distribution Pattern of Railway Network for Urban Public Transport Using GIS from 1990 Until 2019 in The Klang Valley and Kuala Lumpur, Malaysia Mohd Sahrul Syukri Yahya1*, Edie Ezwan Mohd Safian1, Burhaida Burhan1 1Faculty of Technology Management and Business, Universiti Tun Hussein Onn Malaysia, 86400 Parit Raja, Batu Pahat, Johor, MALAYSIA *Corresponding Author DOI: https://doi.org/10.30880/jstard.2020.02.02.001 Received 20 July 2020; Accepted 30 October 2020; Available online 30 December 2020 Abstract: The development and distribution pattern of the railway network has significantly increased in urban public transport with the current situation to move fast towards the fourth industrial revolution (4IR). In Malaysia, the problem issues are related to traffic congestion and many user cars on the roadway in daily lives. One alternative mode of using a rail network is commuter, LRT, Monorail, MRT and ETS. Therefore, the Geographic Information System (GIS) technology is then used to map and produce the railway networks history and developments in urban public transportation (UPT). The goal of this research is to identify the heatmap trends of the Klang Valley railway stations which included Kuala Lumpur as urban public transport sectors. It was based on the OSM image layer from the year 1990 to 2019 and studied the growth of railway networks through a polyline pattern analysis.