Syed Mohamed is now Encorp chairman

KUALA LUMPUR (Aug 26): Encorp Bhd has appointed former banker Datuk Syed Mohamed Syed Ibrahim as its chairman, replacing Tan Sri Mohd Isa Abdul Samad, who resigned in mid-August amid an anti-graft probe over the purchase of a luxury hotel in Kensington, London.

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MACC probing third FIC hotel

KUALA LUMPUR (Aug 18): The Malaysian Anti-Corruption Commission (MACC) is now probing a third hotel deal made by a Felda unit back in 2012, The New Straits Times (NST) reported today.

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Higher Battersea cost due to building envelope

KUALA LUMPUR (Aug 18): S P Setia Bhd has confirmed that the second phase of the Battersea Power Station project in London has seen rising construction costs due to a push-up for the building envelope, changes in design and inflation.

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Isa Samad remanded for five days over MACC investigation

PUTRAJAYA (Aug 16): Former Felda chairman Tan Sri Mohd Isa Abdul Samad (pictured) was remanded for five days from today to assist the Malaysian Anti-Corruption Commission (MACC) in its probe into the purchase of a posh hotel by Felda Investment Corp (FIC) in Kensington, London, between 2014 and 2015, Bernama reported today.

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