Property developer Avaland redesignates Apollo as group ED and CEO, effective Jan 1
He succeeded Teh Heng Chong, who has resigned to pursue his personal interest.
MCT unveils new identity as Avaland
A subsidiary of Ayala Land Inc which bought a majority stake in the company in 2018, Avaland has since undergone a comprehensive organisational restructuring exercise and refocused its core business on property development.
MCT top brass resign, gets two new directors
KUALA LUMPUR (Jan 24): Property developer MCT Bhd has announced a slew of boardroom changes, including its chief executive officer (CEO) Jose Juan Z Jugo who resigned from his position.
Vincent Tan proposes fund to resolve USJ temple land problem, says report
KUALA LUMPUR (Nov 30): Well-known local tycoon Tan Sri Vincent Tan feels that the establishment of a fund to buy the land where the USJ25 Sri Maha Mariamman Temple is located will allow it to remain where it is, The Star reported today.
Tropicana sells 9.12-acre Selangor land to MCT for RM143m
KUALA LUMPUR (April 13): Tropicana Corp Bhd is disposing of a 9.
Ayala Land owns 72.3% of MCT as general offer closes
KUALA LUMPUR (Feb 20): Ayala Land Inc, the biggest property group in the Philippines, increased its indirect stake in MCT Bhd to 72.
Ayala to explore options to boost MCT's public shareholding spread
KUALA LUMPUR (Feb 7): MCT Bhd said Philippine-listed Ayala Land Inc, its major shareholder via Regent Wise Investments Ltd (RWIL), intends to explore options to boost MCT's public shareholding spread.
MCT shareholders told to reject unfair, unreasonable takeover offer
KUALA LUMPUR (Feb 5): MCT Bhd shareholders have been told to reject the takeover bid launched by Philippines-based property developer Ayala Land Inc's unit Regent Wise Investments Ltd, which has been deemed "not fair and not reasonable" by independent adviser Kenanga Investment Bank Bhd (Kenanga IB).
MCT will not seek alternative takeover offer
KUALA LUMPUR (Jan 11): MCT Bhd, which recently received a takeover offer from its major shareholder Regent Wise Investments Ltd (RWIL) at 88 sen per share, said it will not seek an alternative person to make a takeover offer for the offer shares.
