Hua Yang 2Q net profit up 59% on higher revenue

Oct 19

Quarterly revenue more than doubled to RM56.

AMMB provides RM450m financing to E&O’s Andaman Island project in Penang

Oct 19

Every building on Andaman Island has been designed to meet Green Building Certification standards, the statement read, and E&O is working closely with its architects and builders to minimise the use of new raw materials.

PDC management instructed to conduct study on land sale, development

Oct 19

Chief Minister Chow Kon Yeow: PDC has several methods of selling land, whether via an open tender, request for proposal, or direct negotiations.

Questions remain even though Umech Land deal scrapped — PCCC

Oct 18

PCCC president Datuk Seri Hong Yeam Wah said that the initial approval for Umech Land by the “PDC board of directors” — instead of Umech Construction Sdn Bhd as the initial party to the contract — remains unexplained.

Sunsuria inks partnership to open first cancer centre in Penang

Oct 17

Icon Sunsuria is a joint venture between Sunsuria Healthcare, a wholly-owned subsidiary of Sunsuria, and Icon Cancer Centre Singapore, which is part of the Icon Group, Australia’s largest integrated cancer care provider.

PDC calls off collaboration agreement with Umech Land to develop Batu Kawan Industrial Park 2

Oct 17

It is important to note that Sunway had only emerged as a majority shareholder in Umech Land two days prior to the announcement of the agreement, by injecting RM23.

Cancel state-owned land sale to Sunway’s Umech Land amid controversy, former Penang deputy chief minister Ramasamy tells PDC

Oct 16

“Once cancellation is done, action should be taken against those individuals whether in PDC or in the state government or outside responsible for this shoddy mess,” said Ramasamy, who is a former board member of PDC.