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Old September 22nd, 2011, 07:12 PM   #1661
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Old September 22nd, 2011, 07:34 PM   #1662
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Quote:
Originally Posted by nazrey View Post
MAHB privatises RM530m KLIA2 complex to WCT JV
Written by Joseph Chin of theedgemalaysia.com
Thursday, 22 September 2011 18:31
http://www.theedgemalaysia.com/busin...to-wct-jv.html

KUALA LUMPUR: Malaysia Airports Holdings Bhd (MAHB) is privatising the CONSTRUCTION [] and financing of the integrated complex at KLIA2 under a 25-year concession period to Segi Astana Sdn Bhd – joint venture between WCT BHD [] and MAHB. The construction cost is RM530.3 million.

WCT said on Thursday, Sept 22 it had signed a concession agreement with MAHB and Segi Astana for the privatisation of the construction, development and financing of the complex on a build-operate-transfer model.

WCT said Segi Astana was currently a unit of WCT Land Bhd, which in turn was a wholly-owned subsidiary of WCT.

Segi Astana’s authorised share capital will be increased to RM150 million from RM100,000 while its paid up would be RM106.06 million from RM2 when the commercial operation of the complex starts.

Under the agreement, WCT Land will hold 70% or RM74.24 million of Segi Astana’s paid-up and MAHB 30% or RM31.818 million.

MAHB granted WCT the sole and exclusive right and authority during the concession period to build and manage the complex and also arrange for any necessary financing.

The complex comprises of a transportation hub for the Express Rail Link, buses, taxis, car rental services and private transport. It would have a commercial complex consisting of a shopping mall with net lettable area of approximately 350,000 sq ft; and car parks with 6,000 parking bays.

The construction cost of the project is about RM530.3 million to be funded through external borrowings by Segi Astana and the balance by shareholders equity.

“The concession shall be for a period of up to 25 years and may be extended for a further period of 10 years at the option of the concession company. The commencement date of the concession is Aug 1, 2011.

“Upon the expiry of the concession period, Segi Astana shall transfer the integrated complex including the building, fittings and relevant documents at no cost to MAHB,” WCT said.

WCT said in consideration of MAHB granting the concession to WCT, Segi Astana would pay MAHB a lease rental of RM31.818 million.

The lease rental shall be net off against the subscription price payable by MAHB in respect of their 30% equity holding in Segi Astana. MAHB may also be entitled to royalty payments.

“As KLIA2 will be a dedicated international terminal for low-cost carriers and in view of the expected increase in demand for low cost air travel, the prospects of the concession company are expected to be positive. The revenue from the project will further broaden and strengthen WCT group’s future recurring income base,” it said.
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Old September 23rd, 2011, 09:14 AM   #1663
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Old September 25th, 2011, 11:16 PM   #1664
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I want to congratulate the Malaysians have built a spectacular airport.

Beautiful!
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Old September 26th, 2011, 07:13 PM   #1665
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Grazie tanto!
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Old September 26th, 2011, 10:50 PM   #1666
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Quote:
Originally Posted by sc4 View Post
Grazie tanto!
Figurati!

I like a lot this airport, that is in my top 5 along with HKG, SIA, BKK and PEK.

One question, when it is ready KUL 2? Who will use? Malaysia Airlines?

Where takes you that automatic train inside the airport? (which drives me crazy, cool)
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Old September 26th, 2011, 10:57 PM   #1667
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Predominantly Air Asia will use KUL-2.

The trains run between the main terminal and the cross-shaped satellite terminal between the two runways.
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Old September 26th, 2011, 11:47 PM   #1668
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Quote:
Originally Posted by EPA001 View Post
Predominantly Air Asia will use KUL-2.

The trains run between the main terminal and the cross-shaped satellite terminal between the two runways.
So, we can say that KUL 2 will be a terminal for low cost airlines?
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Old September 27th, 2011, 12:10 AM   #1669
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No, predominantly is not exclusively. When KUL becomes busier and busier, flights/airlines might be evenly devided between both the terminals, though that is not to be expected soon.
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Old September 27th, 2011, 01:22 AM   #1670
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Thank you.
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Old September 29th, 2011, 01:49 AM   #1671
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My fav airport in the world. The minute my family and I arrive there we feel like we have arrived home. We love arriving at KUL, and hate returning to oz and its third world airports and infrastructure.
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Old September 30th, 2011, 10:26 AM   #1672
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del

Last edited by guy4versa4; October 2nd, 2011 at 04:22 PM.
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Old October 1st, 2011, 11:17 PM   #1673
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When they say KLIA 2 is that the empty plot next to the satellite terminal? If not, does anyone know when that will get built?

Im just afraid that once LCC terminal gets built, KLIA will be deserted. Last time I was there, it was empty, whereas the LCC terminal was bustling.
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Old October 2nd, 2011, 06:11 AM   #1674
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The empty plot next to the current sat bldg is the site for another satellite terminal. KLIA2 is in its frantic pace of being built. You can check some of the pics posted previously. Current MTB and its sat bldg (KLIA) will not be deserted upon the completion of KLIA2. The present LCCT looks bustling as it is now considered small and cramp. It is only designated for a capacity of 15mil pax per annum. With the completion of KLIA2, with its huge space and spaciousness, I doubt it will look that ‘bustling’ as the present LCCT.
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Old October 12th, 2011, 09:04 PM   #1675
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some older pics really thrills me...

So now we have few major airlines planning to fly over?
- Qantas
- British Airways
- Aeroflot

who else?


Quote:
Originally Posted by nazrey View Post

http://www.panoramio.com/photo/40955624
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http://www.flickr.com/photos/stardex/4255578468/
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http://www.flickr.com/photos/friend_faraway/508057980/
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http://www.flickr.com/photos/dinyar/2486463662/
http://www.flickr.com/photos/[email protected]/2583256990/
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http://www.flickr.com/photos/wonderfulshots/2773071365/
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http://www.flickr.com/photos/[email protected]/3298764326/
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http://www.flickr.com/photos/edmundyeo/4346410544/
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http://www.flickr.com/photos/[email protected]/4953640897/
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http://www.flickr.com/photos/fqader/3045487786/
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http://www.flickr.com/photos/melor/2416999959/
KLIA Flight Information Display
http://www.flickr.com/photos/[email protected]/4953446617/
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http://www.flickr.com/photos/samshiue/4951501326/
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Old October 24th, 2011, 02:33 PM   #1676
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Transaero to Resume Singapore & Malaysia; New Seychelles Service from Jan 2012

Russia’s Transaero today (21OCT11) announced service resumption to Kuala Lumpur and Singapore, as well as new service to Seychelles.

From 30DEC11, it’ll resume Kuala Lumpur service with Boeing 767-300ER, operating once a week. Boeing 777-200ER aircraft from 01JAN12 operates 1 weekly Singapore service, and will also operate Seychelles service every 10 days starting 02JAN12.

Schedule:

Moscow Domodedovo – Kuala Lumpur
UN551 DME2100 – 1115+1KUL 763 5
UN552 KUL1240 – 1945DME 763 6
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Old October 25th, 2011, 08:19 AM   #1677
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Quote:
Originally Posted by musang View Post
The empty plot next to the current sat bldg is the site for another satellite terminal. KLIA2 is in its frantic pace of being built. You can check some of the pics posted previously. Current MTB and its sat bldg (KLIA) will not be deserted upon the completion of KLIA2. The present LCCT looks bustling as it is now considered small and cramp. It is only designated for a capacity of 15mil pax per annum. With the completion of KLIA2, with its huge space and spaciousness, I doubt it will look that ‘bustling’ as the present LCCT.
You can see where the new LCCT will be built in this photo. As you can see it is to the right of the airport and there will be a third runway too.

image hosted on flickr
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Old October 25th, 2011, 08:51 AM   #1678
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what's with the empty patch of land beside the satellite terminal??
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Old October 25th, 2011, 11:44 AM   #1679
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That is where the second satellite terminal will be.
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Old October 26th, 2011, 10:16 AM   #1680
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KK to KLIA by Mark A Phillips, on Flickr
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