14 August 2019: Body of missing Irish girl found; Johor to develop RM2bil oil terminal

Remains of missing Nora Anne found
The remains of missing Irish teenager Nora Anne Quoirin have been found in a stream at Pantai Hills some 2.5km from the resort where she and her family were staying. The family has positively identified the body as Nora Anne’s and the post-mortem will be done today, said Negeri Sembilan state police chief Datuk Mohamad Mat Yusop. Earlier at another press conference, Deputy Inspector-General of Police Datuk Mazlan Mansor said a group of trekkers found Nora Anne’s naked body near a stream some 2.5km from the resort she was staying in. The group was part of the search and rescue (SAR) team looking for Nora Anne since she disappeared from the resort where she was holidaying with her family on Aug 4. (The Star Online)

Johor Port Authority to develop RM2b integrated oil terminal
The Johor Port Authority is going to develop a RM2 billion fully integrated oil terminal project, Bunker Island development, which is located within Iskandar Malaysia and within port limits of Port of Tanjung Pelepas (PTP). It will work on the project with Smart Crest Sdn Bhd, and that the project will be fully funded by the private sector. On completion, Bunker Island is expected to be one of the largest independent and fully integrated oil terminals. Apart from storage, the terminal facility will have two jetties with seven berths. Bunker Island is located within the Free Commercial Zone of Tanjung Pelepas and sits on 100 acres (40.47ha) of a reclaimed island at Tanjung Bin. (The Edge)

(Source: FMT)

George Kent, MRCB in LRT3 funding dispute
A dispute has arisen between George Kent (Malaysia) Bhd and Malaysian Resources Corp Bhd (MRCB) over financing requirements for their JV company that is undertaking the construction of the Light Rail Transit Line 3 (LRT3). George Kent and MRCB signed the SHA on June 8, 2015 to form the JV company on a 50:50 basis to tender for, undertake and complete the construction of the LRT line from Bandar Utama, Petaling Jaya to Johan Setia, Klang. The issued and paid-up share capital of the JV company stands at RM10 million, with each holding a 50% equity interest. On Sept 4, 2015, Prasarana Malaysia Bhd appointed the JV company as a project delivery partner for the LRT3 project. But following the government’s decision to change the structure of the LRT3 project to that of a fixed price contract, the JV company and Prasarana signed a revised contract for the project on Jan 25, 2019 for a value of RM11.4 billion. It is not clear if the progress of the construction of the 37km line project will be affected by this latest development. (The Edge)

Malaysia to host first overseas Japanese varsity branch campus
Malaysia will be the first country to have a Japanese university branch on its soil, with plans to build the campus in either Selangor or Kedah. Prime Minister Tun Dr Mahathir Mohamad said a study on the matter had been carried out extensively for a year, and the University of Tsukuba had come out with the “most serious offer” which would likely materialise by next year. Malaysia is already home to branch campuses from other countries, including Australia, the United States, New Zealand, Canada, the United Kingdom and China. He said Japan had never intended to open branch campuses overseas, likely due to their fiscal policies. Dr Mahathir also expressed hope that the academic staff would be Japanese and the programme options would include twinning courses, where students would be sent to study in Japan for two years as part of their courses. (NST Online)

Land & General to unveil Phase 1 of Aria Rimba by 2Q2020
Land & General Bhd (L&G) plans to launch the first phase of Aria Rimba — its township in Seksyen U10, Shah Alam, Selangor — by the second quarter of next year, and aims to reposition itself from a mid-sized real estate company to a prominent industry player. Located on a 112-acre leasehold tract, Aria Rimba has a GDV of RM1.1 billion. Phase 1 is targeted at upgraders, young professionals, couples, families and retirees, according to the developer. The terraced houses will each have 4 bedrooms and 3 bathrooms. L&G has launched a number of projects in the past, including Astoria Ampang and The Elements in Ampang, Damansara Foresta and Sri Damansara Business Park in Bandar Sri Damansara, 8trium in Sri Damansara, Sena Parc in Senawang and L&G Office Tower in Putrajaya. (The Edge)

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