Latest news with #concession
Free Malaysia Today
4 days ago
- Automotive
- Free Malaysia Today
Selangor parking plan to involve local councils, state and private firms
A 10-year concession on Selangor's 'smart parking system' involving four local councils is expected to be signed on Aug 1. (File pic) PETALING JAYA : Local councils and a state-owned company, together with a private firm, are reportedly involved in a revised plan for parking fee collections in four cities in Selangor. State executive councillor Ng Suee Lim said an agreement for a 10-year concession was still being finalised and would only be signed on Aug 1. The concession for the 'smart parking system' would cover collections of parking fees and enforcement in Petaling Jaya, Subang Jaya, Shah Alam and Selayang. Ng Suee Lim. It will now involve the local councils, state-owned Rantaian Mesra Sdn Bhd and a private company. Last week, Ng was quoted by Bernama as saying that Rantaian Mesra was appointed as the concessionaire, with revenue collected to be split between the company and state government. However, he said today Rantaian Mesra was not among the 26 companies that responded to a request for proposal, The Edge reported. Ng said enforcement would still be carried out by local council officers under this plan, while Rantaian Mesra will act as a system coordinator. The private company, which has yet to be appointed, will then handle the daily parking operations of the four local councils, he added. He said Rantaian Mesra and the other company are expected to invest around RM200 million to develop the infrastructure for the smart parking system. 'The details covering technical, financial, enforcement and governance aspects among the three parties are being finalised, after which the agreement is expected to be signed on Aug 1. 'We are trying to complete the improvements before Aug 1, but if we need more time, we will ask for an extension from the state executive council,' he was quoted as saying. Ng said the aim of this initiative is to double the amount of parking fees collected, from the current 30% to at least 60%. The local councils are expected to record higher revenue without taking on higher operational costs, he said. Revenue collected would be shared between the local councils, Rantaian Mesra and the private company; however, he did not reveal a breakdown of the shared revenue. Under the previous plan, which involved only Rantaian Mesra, Ng said there would be a 50:50 share, of which 40% would go to the councils and 10% to Menteri Besar Incorporated, the investment arm of the state government. The plan was opposed by several quarters including Selayang MP William Leong, who voiced concern over enforcement powers being privatised and turned into a source of income for a private company. It later came to light that Rantaian Mesra was wholly owned by Selangor MBI after netizens checked on the company's ownership on the Companies Commission of Malaysia's database.
Free Malaysia Today
5 days ago
- Business
- Free Malaysia Today
Govt, minister fail to quash ex-KL Tower operator's suit
The High Court ruled that there are issues arising from a supplementary agreement signed in 2022 between Hydroshoppe and the government for the lease of KL Tower which must go to trial. KUALA LUMPUR : The High Court has rejected the government's bid to strike out a lawsuit filed by KL Tower's former operator over the award of the tower's concession to another company. Justice Roz Mawar Rozain held that Hydroshoppe Sdn Bhd and Menara KL Sdn Bhd's claim against the government and communications minister Fahmi Fadzil, named a co-defendant, must proceed to trial. 'There are triable issues regarding the 2022 agreement,' she added. However the court struck out Hydroshoppe's claim against the new operators, LSH Service Master Sdn Bhd, LSH Best Builders Sdn Bhd, and Service Master (M) Sdn Bhd. Roz Mawar held that Hydroshoppe had failed to properly identify its cause of action against the three entities, rendering the suit defective. She also ordered Hydroshoppe to pay them RM20,000 in costs. The court fixed the suit against the government and Fahmi for case management on Nov 3. In March, Hydroshoppe and Menara KL filed the suit claiming that the government's award of the concession to the LSH group was in breach of contract. They asked the court to declare the award of the KL Tower concession to LSH Service Master void and unlawful. They are seeking an estimated RM1 billion in damages. Lawyer Vinayak Sri Ram appeared for Hydroshoppe while senior federal counsel Ahmad Hanir Hambaly appeared for the government and lawyer Malik Imtiaz Sarwar represented LSH Service Master.
Reuters
03-06-2025
- General
- Reuters
South Korea's conservative presidential candidate Kim Moon-soo concedes defeat
SEOUL, June 4 (Reuters) - South Korea's conservative presidential candidate Kim Moon-soo conceded defeat early on Wednesday in the June 3 snap election. Kim told a press conference that he had congratulated his opponent, liberal candidate Lee Jae-myung, on his election victory.
Free Malaysia Today
30-05-2025
- Business
- Free Malaysia Today
Former KL Tower concessionaire loses injunction appeal
The injunction application had been filed by Hydroshoppe Sdn Bhd and its subsidiary Menara Kuala Lumpur Sdn Bhd, the former concessionaires of the KL Tower. PUTRAJAYA : The former operator of the Kuala Lumpur Tower has failed to obtain an injunction to stop the award of the KL Tower concession to LSH Service Master Sdn Bhd. A three-member bench of the Court of Appeal dismissed the application by Hydroshoppe Sdn Bhd and its subsidiary Menara Kuala Lumpur Sdn Bhd. Justice Collin Lawrence Sequerah, who delivered the court's unanimous decision, said the applicants failed to meet the legal threshold for the grant of an ad interim injunction. There was no status quo to maintain as the fifth supplementary agreement on the concession had lapsed on March 31, he said. Sequerah ordered Hydroshoppe and Menara KL to pay costs totalling RM30,000. The companies had appealed against a High Court decision in April, dismissing the application for the ad interim injunction. Hydroshoppe and Menara KL had sued the government for breach of contract, claiming that the LSH group had induced a breach of contract with the government. They asked the court to declare the award of the KL Tower concession to LSH Service Master as void and unlawful. They also sought an estimated RM1 billion in damages, and for the concession to be transferred back to them. The High Court will hear the companies' applications for two other injunctions on June 9.
Yahoo
06-05-2025
- Sport
- Yahoo
Pirates suspend employee after video shows him punching, whipping fan with belt in postgame altercation
A fan and employee got into a bizarre incident after the Pirates' game on Tuesday. (Photo by) A Pittsburgh Pirates gameday employee has been suspended by the team following a postgame altercation with a fan that was caught on video, per CBS Pittsburgh's Barry Pintar. The altercation reportedly occurred at PNC Park following Sunday's game, a 4-0 loss to the San Diego Padres. Per CBS, it started when the fan and his friend allegedly started harassing a female concession stand employee. The gameday employee, who has not been identified, reportedly intervened and diverted the two men away from his coworker, at which point the situation got heated with a face-to-face argument. Video taken by a bystander shows the employee trying to walk away but being followed and taunted by the fan. In the video, the employee eventually responds by throwing punches. The employee appears to land five punches to the head of the fan, who stays on his feet. Later, the fan is seeing spitting on the employee, who then takes off his belt and starts whipping the fan. To view this content, you'll need to update your privacy settings. Please click here and view the "Content and social-media partners" setting to do so. The Pirates released a statement to CBS saying that the employee has been suspended and the matter is under investigation: "We are aware of the unfortunate incident that occurred following the conclusion of yesterday's game between a PNC Park game day employee and a guest. The employee's behavior was entirely unacceptable, and he was immediately suspended. This incident is currently under further investigation." The Pittsburgh Bureau of Police, which sent officers to the stadium to respond to the scene, is also reportedly investigating. No criminal charges had been filed as of Tuesday morning, per the Pittsburgh Tribune-Review. This is the second bizarre incident to occur at PNC Park in the past week, though with far less serious consequences. A 20-year-old man named Kavan Markwood has been hospitalized for nearly a week after falling over the 21-foot wall in right field and lying motionless on the warning track. Markwood is reportedly awake and alert and has taken his first steps, but he's still dealing with a broken neck, clavicle and back. A GoFundMe for him had raised more than $45,000 as of Tuesday evening.
