Parkson to shut MyTOWN store?

KUALA LUMPUR (Dec 30): Department store operator Parkson Corp Sdn Bhd — which shut the Suria KLCC store and the Parkson M Square Mall store in Puchong this year — appears to be preparing for the closure of its store in MyTOWN Shopping Centre, Cheras.

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Ekovest enters strategic collaboration with CREC, posts 44% jump in 1Q profit

KUALA LUMPUR (Nov 27): Ekovest Bhd, whose first quarter net profit jumped 44% on-year, says today it has entered into a "multi-angle, broad-based strategic collaboration" with China's state-owned conglomerate, China Railway Group Ltd (CREC), that aims to explore new ventures and projects like the construction and development of infrastructure in Malaysia and the Asia Pacific.

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