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.

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Increased costs of high-end projects

KUALA LUMPUR (Sept 14): Most property developers are glad that the weakening ringgit has minimal impact on their development costs, but high-end projects which have more imported building materials, may be affected.

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Penang welcomes RM15 bil wellness resort city

GEORGE TOWN (Aug 14): Ewein Zenith Sdn Bhd is partnering with Consortium Zenith BUCG Sdn Bhd (CZBUCG) to develop the Wellness City of Dreams at Bandar Tanjong Pinang, Penang  according to a report in the digitaledge Daily today.

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