Prasarana and Scomi Engineering Bhd have reached a settlement over several legal suits against each other in the past few years, with regard to the Kuala Lumpur monorail service.

Prasarana is the operator of monorail service while Scomi was tasked with building the train sets.

Transport Minister Anthony Loke announced today that both companies have agreed to go ahead with the refurbishment and purchase of monorail, at a total cost of RM303 million...