http://sg.news.yahoo.com/rtrs/20090314/tap-malaysia-ytl-c3bb44c.html
KUALA LUMPUR, March 14 - Malaysia's power-to-property
conglomerate YTL Corp <YTLS.KL> is planning to revive a
project to build a bullet train link between Singapore and Kuala
Lumpur, a Malaysian newspaper reported on Saturday, citing
unidentified sources.
YTL is collaborating with Siemens Malaysia Sdn Bhd, a unit of
German electronics firm Siemens <SIEGn.DE>, for the project
that was shelved last year due to concerns it would be too
expensive, the Edge financial weekly said, citing one of the
sources.
The newspaper said the project cost was estimated at 8 billion
to 11 billion ringgit . YTL did not immediately return a call
seeking comment.
The revived project will seek to build the link along the
coastline rather than the earlier proposal of building it along the
existing track, the newspaper said.