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News About Consortium Zenith BUCG

Voir mulls diversifying into construction, logistics

By Syahirah Syed Jaafar May 30

KUALA LUMPUR (May 30): Voir Holdings Bhd is looking to diversify beyond its existing fashion retail territory to include construction and logistics businesses.

‘Don’t blame us for delay in Penang third link’

By Sangeetha Amarthalingam Mar 31

KUALA LUMPUR (March 31): The federal government says it is not to be blamed for any delay in Penang’s third link project as it has yet to receive the feasibility and detailed design studies from the state government.

Zenith picks up BUCG’s stake in consortium

By Sangeetha Amarthalingam Sep 08

“We are still working out the details [to see how much the 1% stake is worth]. Zenith Construction will be meeting with Chinese officials in Beijing ... it will take awhile to sort this matter out, but the stake should not cost much because BUCG did not put much [investment] into the project,” CZBUCG chairman Datuk Zarul Ahmad Mohd Zulkifli (pictured) told The Edge Financial Daily.

Penang rebuts claim it owes CZBUCG RM100m in feasibility studies fees

By Sangeetha Amarthalingam Jun 30

Chief Minister Lim Guan Eng (pictured) said CZBUCG had only submitted RM138 million worth of claims for the feasibility studies on the three roads that are to be built under the project, which was paid when the state handed over a plot, measuring 1.4ha on Bandar Tanjung Pinang 1 (Plot 702), to the consortium.

CZBUCG awaits funding from Penang for RM6.3b infrastructure project studies

By Sangeetha Amarthalingam Jun 14

KUALA LUMPUR (June 14): Consortium Zenith BUCG Sdn Bhd (CZBUCG) has yet to receive RM100 million for the feasibility studies and detailed design work completed thus far for the RM6.3 billion integrated infrastructure project in Penang.

PTMP a gargantuan task for Guan Eng

By Supriya Surendran & Kathy Fong Feb 11

SHORTLY after the federal government unveiled the revised Budget 2016 last Thursday, Penang Chief Minister Lim Guan Eng called a press conference at his Komtar office and criticised Putrajaya for not abolishing the 6% Goods and Services Tax, which he claims is an added burden for the man in the street.

Ewein's unit buys 50 acres of land in Penang for RM2.83 bil

By Chen Shaua Fui Jan 15

KUALA LUMPUR (Jan 15): Ewein Bhd's 60%-owned subsidiary Ewein Zenith Sdn Bhd (EZ) has been granted the right to acquire three parcels of land at Bandar Tanjong Pinang, Penang for a total of RM2.83 billion.

Ewein to acquire 4.43-acre land in Penang for RM162 mil

By Danial Idraki Dec 28

KUALA LUMPUR (Dec 29): Ewein Bhd has proposed to acquire 4.43 acres of freehold land in Bandar Tanjong Pinang, Penang, for RM162 million, for a possible residential and commercial property development project.