The removal of AssetsCo, the assets company, was Singapore’s main concern in discussions over the proposed changes by Malaysia.
Singapore could not accept Malaysia’s proposal to remove the systems supplier and network operator of the Kuala Lumpur-Singapore high-speed rail (HSR) project, says Minister for Transport Ong Ye Kung, according to The Straits Times.
Ong told Parliament on Jan 4 that the proposal to do so was a “fundamental departure” from the original agreement.
