Len Cheong turns to property development

KUALA LUMPUR (June 13): Melaka-based furniture maker Len Cheong Holding Bhd, which has just chalked up six months of profit on foreign-exchange (forex) gains and improved sales after over five quarters in the red during which overseas demand declined for its rubberwood furniture, may appear to have curious timing to observers.

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S Korea ropes in Malaysian firms to bid for KL-S’pore HSR

KUALA LUMPUR (June 13): A 27-firm South Korean consortium led by the Korea Rail Network Authority (KRNA) is roping in Malaysian partners, starting with local engineering firm Ranhill Bersekutu Sdn Bhd, to jointly bid for the upcoming 350km Kuala Lumpur-Singapore high-speed rail (HSR) project.

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