New firm to revive Plaza Rakyat


The Plaza Rakyat project was abandoned after the 1997-1998 Asian financial crisis and has since become an eyesore.

KUALA LUMPUR: The revival of the abandoned Plaza Rakyat project in Jalan Pudu here is headed the way of controversy, with the Kuala Lumpur City Hall (DBKL) looking to appoint a new company to undertake the job.

Kuala Lumpur mayor Datuk Seri Ahmad Phesal Talib revealed yesterday that DBKL did not recognise the appointment of Ivory Properties Group Bhd to revive the project.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , Plaza Rakyat , DBKL , revival

   

Next In Business News

Velesto, PETRONAS, NOV ink MoU on drilling rig automation, robotics
PETRONAS Chemicals hit by forex losses at Pengerang joint venture
FBM KLCI slips as regional markets await Nvidia results
TNG Digital launches full eKYC
Matrade, Exim Bank ink MoU to boost trade promotion
Infoline Tec to be transferred to Main Market
E&O launches RM60bil masterplan for Andaman Island development project
Dialog's shares rise on positive quarter
Ringgit opens higher amid cautious sentiment�
FBM KLCI moves sideways on inflation risk and growing geopolitical turmoil

Others Also Read