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Friday, December 25, 2020

Malaysia has given SG a "great" Christmas gift by terminating the SG-KL HSR.

https://www.theedgemarkets.com/article/malaysia-go-it-alone-hsr-project-pay-rm300m-compensation-singapore-%E2%80%94-source

Malaysia has terminated SG-KL HSR by paying a discounted penalty of RM$300m.  It was supposed to be RM$500m penalty as stated in the termination clause.

http://sg-stock.blogspot.com/2018/06/the-kl-sg-hsr-is-terminated-officially.html

Either SG is incompetent to collect the RM$500m penalty or Malaysia is too brilliant to get a discount from SG.  In other words, SG has given RM$200m to Malaysia as a Christmas gift.

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