Chan Heng Wah assumes CEO post at KIP REIT

KUALA LUMPUR (March 1): KIP Real Estate Investment Trust (KIP REIT) chief financial officer (CFO) Chan Heng Wah has been promoted to chief executive officer (CEO) of the company effective immediately.

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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.

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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.

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