LRT3 to proceed on new terms, RM16.6bil budget


KUALA LUMPUR: The Light Rail Transit Line 3 (LRT3) project has received the Government’s greenlight to continue at a total project cost of RM16.6bil, according to separate filings by Malaysian Resources Corp Bhd (MRCB) and George Kent (M) Bhd after the market closed on Wednesday.

Shares in the two companies shot up before the news broke out.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

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!

   

Next In Business News

Ringgit likely to face cautious trading next week
M&As in the spotlight
Key stocks to watch in 2025
Give GLICs the green light to ramp up overseas investments
Bringing the outdoors in
Will the JS-SEZ work?
Sime Motors partners with PSM to advance green mobility
Asia and EMs offer compelling value
Vincent Tan seeks new partner in HSR bid
Sofa so good, feels like new

Others Also Read