Damansara Realty CEO resigns; 2Q net loss widens

KUALA LUMPUR (Aug 26): Damansara Realty Bhd, controlled by Johor-based Seaview Holdings Sdn Bhd with a 51% stake, said its group chief executive officer Mohd Fazlin Shah Mohd Salleh has resigned after just one year "to pursue his other personal interest".

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Hua Yang sees flat FY17 earnings

KUALA LUMPUR (Aug 25): Hua Yang Bhd, which expects flat earnings growth in the current financial year ending March 31, 2017 (FY17), said it aims to pay out 25% to 30% of its net profit as dividends while conserving cash for landbank replenishment.

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At the forefront of JB’s transformation plan

AFTER Datuk Zamani Kasim settles down for our meeting in the lobby of Hilton Kuala Lumpur, he says he will show us later pictures of his 8-bedroom resort home in Yan, Kedah, which took 15 years to build and was completed five years ago.

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