Penang CM says Lee Kah Choon replaced as PDC director a day prior to Umech Land exchange deal
Lee has also resigned as the Penang CM's special investment adviser on Oct 2, Chow said, with a one-month notice given.
Penang Chinese Chamber of Commerce questions PDC’s sale of 559-acre land to Umech Construction at ‘below market’ price
The industrial land in BKIP2 was made available on the open market in May for RM80 per square foot, with parcels as small as five acres each.
Sunway ceases to be substantial shareholder of IJM
Sunway said its wholly-owned subsidiary Fortuna Gembira Enterpris Sdn Bhd ceased to be a substantial shareholder of IJM after selling 2.
RHB IB remains upbeat on construction sector, names Gamuda, Sunway Construction and Kerjaya Prospek as top picks
In a sector update on Thursday, the research house said that moving forward, the federal government may now be able to focus its efforts to roll out big-ticket infrastructure projects, in addition to implementing institutional reforms.
Sunway's 2Q earnings fall on lower contribution from property investment
The group said that due to Malaysian Financial Reporting Standards' (MFRS) 15 accounting treatment, the development profit from two of the group’s ongoing Singapore property development projects will only be recognised upon their completion and handover.
Sunway REIT’s 2Q NPI rises 9%; declares 4.62 sen DPU
For the first half ended June 30, Sunway REIT’s NPI advanced 12.
Sunway buys out its JV partner in Sunway City Iskandar Puteri development for RM85m
Sunway through its wholly-owned unit Sunway City Sdn Bhd (SunCity) is buying over the stake from IASB, which is a wholly owned unit of Iskandar Investment Bhd — which is in turn 60% held by Khazanah Nasional Bhd — for RM770,450.
Analysts upbeat on Sunway’s RM115m Rawang industrial land buy
The land is directly next to the LATAR Expressway or Kuala Lumpur-Kuala Selangor Expressway, and within one-hour reach to both KLIA and Port Klang.
DONE DEAL: Shop, Sunway Velocity, Cheras, Kuala Lumpur
DONE DEAL: Apartment, Seringin Residences, Kuala Lumpur DONE DEAL: Office unit, Desa Aman, Kuala Lumpur Sunway Velocity is a well-known mixed development surrounded by amenities, including a shopping mall, residential area, commercial offices, and retail units.
Sunway appoints Sapura Energy ED Anuar Taib as independent director
“He has more than 30 years of experience in the oil and gas (O&G) industry with Shell, Petronas and Sapura Energy in various technical, commercial, and leadership positions covering upstream regulatory functions, exploration and production, refinery, gas and liquified natural gas (LNG), downstream marketing commercial functions, and integrated service company with national, regional and global coverage.
