Ewein down 3.33% after MD nabbed by MACC in Penang undersea tunnel probe
At 9.05am, Ewein fell 1.5 sen to 43.5 sen with 477,800 shares done.
At 9.05am, Ewein fell 1.5 sen to 43.5 sen with 477,800 shares done.
The freeze could also speed up the development of a property bubble.
Allows the children of government pensioners to buy homes ranging from RM150,000 to RM300,000 for landed or strata unit.
The group said the High Court has granted an order sanctioning the proposed takeover exercise, which will see Goldis taking over the listing status of IGB Corp.
Deputy MD Chuah Poh Lim "will continue to run Ewein Group’s business as usual".
The collapse happened near the Cochrane MRT Station.
"Unless we are instructed otherwise by the court not to go on with it...if not, it will proceed."
The two hold high posts in companies involved in the project.
“The AYER team will continue to deliver quality homes.”
MACC raided four Penang state government agencies and three companies yesterday.