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The company was established in September 2011 and took over the ownership of the Klang Valley Mass Rapid Transit Project (KVMRT) in October 2011 from Prasarana Malaysia Berhad. MRT Corp’s responsibilities include monitoring and tracking of construction of all elevated structures, stations and depots of the mass rapid transit project.
Pos Malaysia: Industrials Delivery Services Kuala Lumpur: 1800 Government-linked company P A PPB Group: Conglomerates - Kuala Lumpur: 1968 Food, Agriculture, Waste Management, Cinema, Property P A Prasarana Malaysia: Consumer services Travel & tourism Kuala Lumpur: 1998 Public transportation, state controlled S A Proton Holdings: Consumer goods ...
The company was founded by the late Tan Sri Loh Boon Siew in the 1960s, beginning as the Malaysian distributor for Honda Super Cub motorcycles and later cars. [2]The groups has a combined total asset exceeding RM3 billion, shareholders fund exceeding RM2.2 billion and Cash/Cash Equivalent exceeding RM1 billion as of 31 December 2001 (source: annual audited accounts).
Each company is required to have a minimum free float of 15%. The free float excludes restricted shareholding like cross holdings, significant long term holdings by founders, their families and/or directors, restricted employee share schemes, government holdings and portfolio investments subject to a lock in clause, for the duration of that clause.
Prasarana Malaysia Berhad (Prasarana) [1] (English: Malaysian Infrastructure Limited) is a government-owned company which was set up by Ministry of Finance (Malaysia) as a corporate body established under the Minister of Finance (Incorporation) Act 1957 to own the assets of multi-modal public transport operator in Malaysia, under the government's move to restructure the city's public transport ...
Scomi Group Berhad is a global service provider that is based in Selangor, Sabah, Malaysia and is mainly involved in oil & gas, transport engineering and marine transportation. Scomi Group Bhd is listed on the main board of Bursa Malaysia Securities Berhad, and its group of companies are involved in oilfield services, public transportation and ...
Rapid KL Alexander Dennis Enviro500 MMC parked at Cheras Selatan depot. Rapid KL BYD K9 battery-run electric bus for BRT Sunway Line. Rapid Bus Sdn Bhd is the largest bus operator in Malaysia operating mainly in urban areas of Klang Valley, Penang & Kuantan.
On 17 August 2011, the government announced that the Mass Rapid Transit Corporation (MRT Corp), a new company under the Finance Ministry had been formed to take control of the project from Prasarana Malaysia. MRT Corp would be the asset owner of the project and officially take over the project from Prasarana Malaysia on 1 September 2011. [15]