Encorp CEO resigns; posts second straight quarterly loss

KUALA LUMPUR (Feb 24): Encorp Bhd, which posted its second straight quarterly loss in the fourth quarter ended Dec 31, 2017 (4QFY17), announced today the resignation of its group chief executive officer (CEO) Datuk Zakaria Nordin, following the expiry of his contract.

READ MORE

PDC makes RFP for Batu Kawan theme park — again

  PETALING JAYA (Feb 24): The Penang Development Corp (PDC) has made a request for proposals (RFP) for its outlay-heavy “International Theme Park and Mixed Development East of Batu Kawan” – this time on more flexible terms, reported The Edge weekly.

READ MORE

JAKS, Star Media at loggerheads over project delay

KUALA LUMPUR (Feb 21): A more than two-year delay in completing the Pacific Star Business Hub by JAKS Resources Bhd (pictured) has been cited as the reason for Star Media Group Bhd to call on a RM50 million bank guarantee for the project.

READ MORE