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News About Penang

Vertice denies involvement in Penang project apart from Consortium Zenith stake

By Samantha Ho Jan 16

KUALA LUMPUR (Jan 16): Vertice Bhd, formerly known as Voir Holdings Bhd, has denied it is involved in the Penang Mega Infrastructure Project, aside from its recent investment of 13.21% in Consortium Zenith Construction Sdn Bhd.

Guan Eng: 'Open competitive tender' for Penang undersea tunnel, road projects

By Billy Toh Jan 16

KUALA LUMPUR (Jan 16): Penang Chief Minister Lim Guan Eng said there is nothing to hide or fear when the Penang Tender Committee awarded the state's undersea tunnel and road projects, through an open competitive tender.

Remand extension on two 'Datuks' over Penang tunnel probe

By EdgeProp.my Jan 15

PUTRAJAYA (Jan 15): Putrajaya Magistrate’s Court today extended by another five days the remand order on two “Datuks” in the Malaysian Anti-Corruption Commission’s (MACC) probe into the Penang undersea tunnel project, Bernama reported today.

Titijaya has ongoing, future projects of RM12.3b GDV

By Bernama Jan 15

KUALA LUMPUR (Jan 15): Titijaya Land Bhd, a leading Malaysian property developer, has currently ongoing and future projects of about RM2.3 billion and RM10 billion in gross development value (GDV) respectively.

Lim: Penang undersea tunnel project on track

By EdgeProp.my Jan 10

GEORGE TOWN (Jan 10): The RM6.3 billion Penang undersea tunnel development will still proceed even though it is in the cross hairs of a corruption probe by the Malaysian Anti-Corruption Commission (MACC).

UPDATE: Two ‘Datuks’ remanded in Penang tunnel investigation

By EdgeProp.my Jan 10

PETALING JAYA (Jan 10): Two men with "Datuk" titles were remanded today over investigations into the proposed RM6.3 billion Penang undersea tunnel project.

UPDATE: Court grants six-day remand for director over Penang tunnel investigation

By EdgeProp.my Jan 10

KUALA LUMPUR (Jan 10): A 59-year-old senior executive director of a company said to be linked to the proposed Penang undersea tunnel has been ordered to be remanded for six days by the Magistrate’s Court in Putrajaya, the news portal Malaysiakini reported today.

MACC remands two company heads in connection with RM6.3b Penang undersea tunnel project probe

By Lam Jian Wyn Jan 10

PETALING JAYA (Jan 10): The Malaysian Anti-Corruption Commission (MACC) has remanded two company heads — of Ewein Bhd and Consortium Zenith Construction Sdn Bhd — in connection with the RM6.3 billion Penang undersea tunnel developments to facilitate investigations into corruption allegations, an MACC spokesperson confirmed.

MACC raids four Penang agencies, three companies over undersea tunnel project

By EdgeProp.my Jan 09

PETALING JAYA (Jan 9): The Malaysian Anti-Corruption Commission (MACC) has raided four Penang state government agencies and three companies in relation to the proposed undersea tunnel project in the northern state, reported news outlets.