KLSE (MYR): YTL (4677)
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robertwts
126 posts
Posted by robertwts > 2021-01-01 11:54 | Report Abuse
OFFICIAL: Singapore government generalized HSR KL-Singapore project has been cancelled and the country will demand compensation from us.
Among the official reasons given by Malaysia why to cancel is Covid.
Previously, the PH government used to pay RM45 million to Singapore because it delayed the project to the end of 2020.
This time's compensation to Singapore is estimated at least RM310 million.
Kuala Lumpur-Singapore HSR project to be replaced with MHSR Kuala Lumpur-Johor Bahru project.