Johor sultan now Melaka Gateway's second largest shareholder

After years of setbacks, the Melaka Gateway project appears to be back on course.

Putrajaya is lending support to components of the project, and the developer now has an influential backer - the Johor sultan.

Checks by Malaysiakini on project developer KAJ Development Sdn Bhd’s company records showed that Sultan Ibrahim Sultan Iskandar is now its second-largest shareholder.

The monarch had acquired a...