News about Penang

PETALING JAYA (June 9): Penang is set to host a Mitsui Outlet Mall near the Penang International Airport (PIA), pending approval from the state authorities, which is expected to be given by the third quarter of 2022.

KUALA LUMPUR (June 8): CapitaLand Malaysia Trust has proposed to buy industrial properties in Penang from Dynaciate Group Bhd for RM80 million to venture into the logistics sector.

PETALING JAYA (June 3): The second phase of Penang-based developer Ideal Property Group’s Queens Waterfront called Queens Residences Q2 in Bayan Lepas has been completed ahead of schedule.

PETALING JAYA (May 11): S P Setia announced the top six winning artists for its Setia KARYA hotel art campaign contest on Tuesday (May 10) during the judging walkthrough and winners’ announcement at Setia SPICE Convention Centre in Penang.

KUALA LUMPUR (Feb 24): Having reversed losses in the third quarter, Eastern & Oriental Bhd (E&O) expects stronger earnings in the following quarters, supported by recognition of sales from new property launches in Penang and better contribution from its hospitality segment as the economy begins to recover from the Covid-19 pandemic.

PETALING JAYA (Jan 6): Marriott International Inc has signed an agreement with Rackson Hospitality Sdn Bhd to bring the Paris-born Le Méridien brand to Penang, which is the 200-room Le Méridien Penang Airport hotel.

KUALA LUMPUR (Dec 7): Kerjaya Prospek Property Bhd (KPPROP) — via its wholly-owned subsidiary Pixel Valley Sdn Bhd — has acquired 1.

KUALA LUMPUR (Nov 14): Kedah will ban all 4D lottery shops in the state by not renewing the business licenses issued by local councils in a bid to stamp out social ills, said Menteri Besar Datuk Seri Muhammad Sanusi Nor.

KUALA LUMPUR (Nov 12): Former Penang chief minister Lim Guan Eng’s appointed private law firm made a “big mistake” when evaluating the preliminary agreement of the Penang undersea tunnel project between the Penang state government and Construction Zenith BUCG Sdn Bhd, the Sessions Court heard on Friday (Nov 12).

KUALA LUMPUR (Nov 12): The Court of Appeal (CoA) has fixed Nov 16 to deliver its decision on former Penang chief minister and Bagan Member of Parliament (MP) Lim Guan Eng’s appeal to transfer his undersea tunnel graft trial from the Sessions Court to the High Court.