News by David Tan

The boutique branded residences development is scheduled for launch on July 31.

Aspen (Group) Holdings Ltd, a member of the consortium which submitted a bid for the Batu Kawan Industrial Park 2 (BKIP2) project, said the RM818 million bid is the full guaranteed cash return payable to Penang Development Corporation (PDC).

A heated confrontation broke out in the Penang state assembly on Thursday as Chief Minister Chow Kon Yeow defended the state's decision to reject an RM818 million bid for the Batu Kawan Industrial Park (BKIP2) project.

Mah Sing Group Bhd (KL:MAHSING) is revising its masterplan for Southbay City in Batu Maung with an increased plot ratio and new gross development value (GDV) of approximately RM1.365 billion.

"The methodology adopted raises serious concerns over administrative efficiency, fairness, and long-term fiscal sustainability.” 

Electronic circuit board maker GUH Holdings Bhd (KL:GUH) plans to expand into advanced printed circuit boards (PCBs) and launch a RM1.2 billion property project in Simpang Ampat, Penang, as part of plans to grow the company.