Zenith proposes Penang undersea tunnel alternative
PETALING JAYA (July 2): Consortium Zenith Construction (CZC) Sdn Bhd is proposing to build a bridge in lieu of the RM6.
Ewein ups stake in Penang developer
KUALA LUMPUR (May 16): Ewein Bhd is increasing its stake in Ewein Zenith Sdn Bhd to 89% from 73%, as part of its plan to gain control in the Penang-based property developer, which is currently developing a luxury sea-front residential project worth RM800 million in gross development value.
Consortium Zenith threatens to sue over fake Penang tunnel news
KUALA LUMPUR (April 25): The main contractor of the Penang undersea tunnel project has threatened to sue any party spreading fake news about it and the project via social media and other channels.
Vertice falls into the red in FY17 after four losing quarters
KUALA LUMPUR (Feb 28): Vertice Bhd, which has a 13% stake in Penang undersea tunnel developer Consortium Zenith Construction Sdn Bhd (CZC), posted its fourth consecutive losing quarter today on expenses incurred for multiple corporate exercises, higher administrative spending and a loss in its retail division.
Azeez: I have never heard of Zenith Construction
GEORGE TOWN (Feb 28): Pilgrims Fund Board (Tabung Haji) chairman Datuk Seri Abdul Azeez Abdul Rahim, served with a letter of demand by Penang undersea tunnel developer Consortium Zenith Construction Sdn Bhd (CZC), said he does not know the company.
Vertice falls as much as 8.82% on denying involvement in Penang mega project
KUALA LUMPUR (Jan 17): Vertice Bhd, formerly known as Voir Holdings Bhd, fell as much as 8.
UPDATE: Court grants six-day remand for director over Penang tunnel investigation
KUALA LUMPUR (Jan 10): A 59-year-old senior executive director of a company said to be linked to the proposed Penang undersea tunnel has been ordered to be remanded for six days by the Magistrate’s Court in Putrajaya, the news portal Malaysiakini reported today.
MACC remands two company heads in connection with RM6.3b Penang undersea tunnel project probe
PETALING JAYA (Jan 10): The Malaysian Anti-Corruption Commission (MACC) has remanded two company heads — of Ewein Bhd and Consortium Zenith Construction Sdn Bhd — in connection with the RM6.
Construction will be our game changer — Voir
KUALA LUMPUR (Nov 21): Apparel retailer Voir Holdings Bhd, which is turning to construction to diversify its earnings by taking up a stake in Consortium Zenith Construction Sdn Bhd, the special purpose vehicle (SPV) that is executing the RM6.
Mudajaya falls 5.31% on withdrawing from RM810m contract
KUALA LUMPUR (Nov 13): Shares in Mudajaya Group Bhd fell 5.
