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Cheras–Kajang Expressway
The Cheras–Kajang Expressway is an controlled-access highway in the Klang Valley region of Peninsular Malaysia. It runs between the suburb of Cheras at the Kuala Lumpur–Selangor border and the township of Kajang in Selangor. History The expressway is part of a major expansion of Jalan Cheras, which consisted of a two-lane intercity road between Kajang and Cheras. Construction of the expressway commenced in late 1998 and, at a cost of RM275 million, was completed and began tolling on 15 January 1999. Having assumed a new name, the "Cheras–Kajang Expressway", and incorporated the mid-length of the original road into the expressway, the expressway consequently bisected ''Jalan Cheras'' into two at both ends of the original road: one at Kajang, and the other at Cheras, while remnants of the road's undeveloped routes between remain partially in use. The Cheras–Kajang Expressway is among the first eight-lane dual carriageway in Malaysia, stretching from the Connaught Intercha ...
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Cheras Highway
Cheras Highway, Federal Route 1 also known as Cheras Road and Loke Yew Road is a major highway in Kuala Lumpur, Malaysia. History This highway was upgraded in 1988 by Metramac Corporation Sdn.Bhd. The Cheras Road toll plaza began operation from 1 September 1990. After being suspended a year later before reopening on 15 September 1991, toll charges reduced by 50 percent from the usual RM1. After many complaints and traffic jams, the toll plaza was abolished on 14 September 2003 and replaced by Taman Midah MRT station on 17 July 2017. Today, the highway is maintained by Kuala Lumpur City Hall (DBKL). Due to the congestion that clogged the Cheras Highway, two projects were led by the Kuala Lumpur City Hall (DBKL). These included an underpass from the Cheras–Kajang Expressway to Taman Connaught and flyovers to Taman Len Seng and Alam Damai. It was opened on 14 April 2008. Other projects are Bulatan Cheras–Bandar Tun Razak roundabout underpass from Cheras Highway to Cheras Roa ...
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The Edge (Malaysia)
The Edge Media Group is the publisher of business and financial publications in Malaysia and Singapore with headquarters in Petaling Jaya, Selangor, Malaysia. It is divided into four subsidiaries: The Edge Communications Sdn Bhd, publisher of ''The Edge Malaysia'' – a Business and investment weekly publication launched in 1994 available in both print and digital formats and ''The Edge CEO Morning Brief'' – a digital business and political news publication available every Tuesday-Friday morning, The Edge Publishing Pte Ltd, publisher of ''The Edge Singapore'' – a local newspaper with in-depth and analytical coverage on business and investments within Singapore and across the region, The Edge Property Sdn Bhd and The Edge Property Pte Ltd. Circulation The ''Edge Malaysia'' is audited by the Audit Bureau of Circulations. As of January 2014, it has an approximate circulation of 22,572. The ''Edge Malaysia'' caters to corporate executives and the general public with interest ...
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Malaysian Ringgit
The Malaysian ringgit (; plural: ringgit; symbol: RM; currency code: MYR; Malay name: ''Ringgit Malaysia''; formerly the Malaysian dollar) is the currency of Malaysia. It is divided into 100 ''sen'' (formerly ''cents''). The ringgit is issued by the Central Bank of Malaysia. Etymology The word ''ringgit'' is an obsolete term for "jagged" in the Malay language. The word was originally used to refer to the serrated edges. The first European coins to circulate widely in the region were Spanish "pieces of eight" or "cob", their crude appearance resembling stones, hence the word jagged. The availability and circulation of this Spanish currency were due to the Spanish controlling nearby Philippines. An early printed source, the ''Dictionary of the Malayan Language'' from 1812 had already referred to the ringgit as a unit of money. In modern usage, ''ringgit'' is used almost solely for the currency. Due to the common heritage of the three modern currencies, the Singapore dollar ...
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SmartTAG
SmartTAG (acronym in Malay for Sistem Membayar Automatik Rangkaian Tol or "Toll Network Automatic Payment Systems") is an on-board unit (OBU) vehicle-based device used as an electronic toll collection (ETC) system over long distances (maximum 15 metres) to complement Touch 'n Go, a card-based system. It was first introduced in Malaysia in 1999 and is also used as an Entrance Access Security. Features SmartTAG was designed, developed and manufactured by Teras Teknologi Sdn Bhd as an extension of the Touch 'n Go system, initially as a replacement of PLUS TAG. It is being marketed by Touch 'n Go Sdn Bhd ''(formerly Rangkaian Segar Sdn Bhd)''. The intellectual property rights to the SmartTAG belongs to an Austrian company known as EFKON Gmbh. The president of EFKON, Dr Helmut Rieder, was the one who set up a joint venture with UEM to form Infrared Advance Technology Sdn Bhd (IRAT). The SmartTAG is currently priced at RM130 per unit inclusive of free Touch 'n Go card with RM1 ...
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Bandar Sungai Long
Bandar Sungai Long is a main township in Cheras, Selangor, Malaysia. Bandar Sungai Long was designed for a population of 10,000 residents. The majority population in this township are Chinese with a minority of Indians and Malays living in this township. The Universiti Tunku Abdul Rahman (UTAR) operates a campus in Sungai Long. It is currently under the administration of local council Majlis Perbandaran Kajang (MPKj). The Sungai Long Golf & Country Club is situated in this township. It was built around the "leisure" living theme with residential homes surrounding an 18-hole golf course. High end detached houses were built around the golf course with semi-detached and terraced residential dwellings alongside condominiums, commercial properties and low cost low rise apartments on the outer edges of the development. Sungai Long Buddhist Society was established in 2006 to create a close-knit Buddhist community in Bandar Sungai Long. A weekly pasar malam (night market) is held her ...
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Malaysian Highway Authority
The Malaysian Highway Authority ( ms, Lembaga Lebuhraya Malaysia, LLM) is a statutory body under the Malaysian Ministry of Works (MOW). The agency was founded on 24 October 1980 by the Highway Authority of Malaysia (Incorporation) Act 1980 to monitor the works and administration of expressways. The establishment of the agency coincided with the construction of the North-South Expressway. Offices * Bangi, Selangor * Gelugor, Penang * Kuantan, Pahang * Ajil, Terengganu * Senai, Johor Johor (; ), also spelled as Johore, is a state of Malaysia in the south of the Malay Peninsula. Johor has land borders with the Malaysian states of Pahang to the north and Malacca and Negeri Sembilan to the northwest. Johor shares mariti ... External links Malaysian Highway Authority (MHA) website Malaysian Public Works Department Malaysian Expressway System Federal ministries, departments and agencies of Malaysia 1980 establishments in Malaysia Government agencies established ...
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Bandar Mahkota Cheras
Bandar Mahkota Cheras is a township in Cheras, Selangor, Malaysia. It was developed by Narajaya Sdn Bhd, a subsidiary of Lion Group. Construction commenced in late 1999 or early 2000 on a freehold plot of about 365 hectares. Mostly consisting of two-storey terraced houses, the population is estimated to be in excess of 50,000 in more than 10,000 households. There are also a few smaller developments by other developers in the same township, e.g., Cheras Vista and Pinggiran Mahkota Cheras. It is located in the mukim (sub-district) of Cheras, daerah (district) of Hulu Langat and state of Selangor Selangor (; ), also known by its Arabic honorific Darul Ehsan, or "Abode of Sincerity", is one of the 13 Malaysian states. It is on the west coast of Peninsular Malaysia and is bordered by Perak to the north, Pahang to the east, Negeri Sem .... It is under the administration of local council Majlis Perbandaran Kajang (MPKj). Amenities The main commercial center in the middle of ...
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Concession (contract)
A concession or concession agreement is a grant of rights, land or property by a government, local authority, corporation, individual or other legal entity. Public services such as water supply may be operated as a concession. In the case of a public service concession, a private company enters into an agreement with the government to have the exclusive right to operate, maintain and carry out investment in a public utility (such as a water privatisation) for a given number of years. Other forms of contracts between public and private entities, namely lease contract and management contract (in the water sector often called by the French term ''affermage''), are closely related but differ from a concession in the rights of the operator and its remuneration. A lease gives a company the right to operate and maintain a public utility, but investment remains the responsibility of the public. Under a management contract the operator will collect the revenue only on behalf of the g ...
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Bond (finance)
In finance, a bond is a type of security under which the issuer ( debtor) owes the holder ( creditor) a debt, and is obliged – depending on the terms – to repay the principal (i.e. amount borrowed) of the bond at the maturity date as well as interest (called the coupon) over a specified amount of time. The interest is usually payable at fixed intervals: semiannual, annual, and less often at other periods. Thus, a bond is a form of loan or IOU. Bonds provide the borrower with external funds to finance long-term investments or, in the case of government bonds, to finance current expenditure. Bonds and stocks are both securities, but the major difference between the two is that (capital) stockholders have an equity stake in a company (i.e. they are owners), whereas bondholders have a creditor stake in a company (i.e. they are lenders). As creditors, bondholders have priority over stockholders. This means they will be repaid in advance of stockholders, but will rank behind ...
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Smart TAG
SmartTAG (acronym in Malay for Sistem Membayar Automatik Rangkaian Tol or "Toll Network Automatic Payment Systems") is an on-board unit (OBU) vehicle-based device used as an electronic toll collection (ETC) system over long distances (maximum 15 metres) to complement Touch 'n Go, a card-based system. It was first introduced in Malaysia in 1999 and is also used as an Entrance Access Security. Features SmartTAG was designed, developed and manufactured by Teras Teknologi Sdn Bhd as an extension of the Touch 'n Go system, initially as a replacement of PLUS TAG. It is being marketed by Touch 'n Go Sdn Bhd ''(formerly Rangkaian Segar Sdn Bhd)''. The intellectual property rights to the SmartTAG belongs to an Austrian company known as EFKON Gmbh. The president of EFKON, Dr Helmut Rieder, was the one who set up a joint venture with UEM to form Infrared Advance Technology Sdn Bhd (IRAT). The SmartTAG is currently priced at RM130 per unit inclusive of free Touch 'n Go card with RM ...
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Touch 'n Go
The Touch 'n Go smart card is used by Malaysian toll expressway and highway operators as the sole electronic payment system (EPS). The credit card-sized smart card is made of plastic with Philips' MIFARE Classic microchip technology embedded in it. It is a one company monopoly system that you must use this card as long as you need to pass through the highway, take public transportation, etc in Malaysia. The card has an expiry date and inactive period. Check carefully as the Inactive card of not using for more than 12 months, cannot be reactivated. The Touch 'n Go systems are designed to process up to 800 vehicles per hour to ease the queue congestion at toll plazas and if used together with SmartTAG (a non-stop electronic toll collection system), will be able to process up to 1,200 vehicles per hour. History Touch 'n Go was developed by Teras Teknologi Sdn Bhd while the brand and the Real Time Gross Settlement (central clearing house systems) are owned and operated by Ran ...
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