Malaysia backs monorail

Article Abstract:

The Malaysian government had decided to help fund the controversial monorail project of KL PRT Sdn Bhd with a 300 mil ringgit concessionary loan. The move is likely to stir up more concerns regarding corporate bailouts in the country. The company has obtained government approval to conduct a public offering to amass more money to finish the 2.2-bil-rinngit project, according to Malaysian Transport Minister Datuk Seri Ling Liong Sik.

Regulation and Administration of Transportation Programs, Transportation Programs, Finance, Transportation policy, Monorails (Railroads), Monorail railroads, KL PRT Sdn. Bhd.

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Firm sees virtual profit in Malaysian video arcades

Article Abstract:

Super Merge Corp. hopes to erase the negative perceptions most Malaysians have of video game arcades by opening a chain of indoor theme parks all over the country. Super Merge has opened its first Sega indoor theme park in Kuala Lumpur's Sungei Wang Plaza, a popular shopping mall with a high concentration of video arcades. Called Sega Satellite, the new arcade has attracted some 120,000 customers in its first month alone.

Coin-operated amusement devices, Amusement Arcades, Video Arcades, Management, Game arcades, Super Merge Corp.

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