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Matrix Concepts secures RM512mil financing facilities from AmBank

KUALA LUMPUR: Property developer Matrix Concepts Holdings Bhd has secured a RM512 million financing facility from AMMB Holdings Bhd (AmBank Group) to develop a township in Malaysia Vision Valley 2.0 (MVV2.0).

Editorial: Norfolk Southern lawsuits are necessary enforcement of railroad s promises

Norfolk Southern was hit with a lawsuit Thursday. The U.S. Department of Justice filed the suit in U.S. District Court for the Northern District of Ohio in reaction to the Feb. 3 train derailment near East Palestine. Some train cars held hazardous materials, including the chemical vinyl chloride. The spilled

Sime Darby to dispose of MVV land to NS Corp for RM445mil

KUALA LUMPUR: Sime Darby Bhd’s indirect wholly-owned subsidiary, Kumpulan Sime Darby Bhd (KSDB), is disposing of 519 hectares of land in the Malaysia Vision Valley (MVV), Negeri Sembilan to NS Corporation for RM445 million.

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