Hunza to uphold good governance after privatisation

GEORGE TOWN (Nov 19): Hunza Properties Bhd, which is being taken private by its majority shareholder Khor Teng Tong Holdings Sdn Bhd, along with persons acting in concert with a combined 59% stake in the Penang-based property developer, said it will be business as usual as a private company, adding that it will not neglect the element of corporate governance.

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Selayang’s next rising star

SELAYANG will soon see a new landmark — the Selayang Star City shopping mall is set to open its doors by the end of the second quarter or early third quarter next year.

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Tan Sri Lim Hock San bags WCES Lifetime Achievement Award

PETALING JAYA (Nov 13): LBS Bina Group Bhd managing director Tan Sri Lim Hock San won the World Chinese Economic Summit (WCES) Lifetime Achievement Award for enhancing relations with China during a presentation at the 7th World Chinese Economic Summit in the UK.

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Two bidders shortlisted for Bandar Malaysia stake sale

KUALA LUMPUR (Nov 13): The race to pick up a 60% stake in 1Malaysia Development Bhd’s (1MDB) prized project Bandar Malaysia is down to two bidders, one of which is said to be a consortium led by a China-based company in a tie-up with tycoon Tan Sri Lim Kang Hoo and several other local developers.

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