Ukas to award MMC Corp-led consortium JB ART project — sources

The contract for the development of a rapid transit system in Johor Baru will be awarded to the MMC Corp Bhd-DOM Industries Sdn Bhd consortium.

Established in 1955 by late businessman Tan Sri Dr Yeoh Tiong Lay, construction company YTL Corp has rapidly evolved into a full-fledged infrastructure developer.

With interests in industries such as cement manufacturing, utilities, hotels and resorts, and technology via its various subsidiaries.

AI’s rapid rise outpaces safety

Responsible artificial intelligence (AI) is not keeping pace with advances in AI capabilities.

Ekovest’s RM310 mil RTS-linked land deal falls through after term sheets lapse

Ekovest Bhd (KL:EKOVEST) said its proposed acquisition of four parcels of land earmarked for transit-oriented development along the Johor Bahru-Singapore Rapid Transit System (RTS) Link alignment will not proceed, after the parties allowed the binding term sheets to lapse following multiple extensions.