Syed Mokhtar's firm buys S P Setia's Tebrau land for RM564 mil cash
S P Setia said the disposal of the land was conducted through its subsidiary Pelangi Sdn Bhd and was completed earlier in the day with Senibong Island Sdn Bhd (SISB).
S P Setia said the disposal of the land was conducted through its subsidiary Pelangi Sdn Bhd and was completed earlier in the day with Senibong Island Sdn Bhd (SISB).
KUALA LUMPUR (Sept 30): MMC Corp Bhd shareholders on Thursday approved its controlling shareholder Tan Sri Syed Mokhtar Albukhary's plan to take the company private.
KUALA LUMPUR (Dec 21): Jati Sutera Sdn Bhd (wholly owned by Tan Sri Syed Mokhtar Albukhary’s (pictured) Tradewinds Corp Bhd) is close to acquiring the Tanjung Rhu Resort in Langkawi, sources told The Edge Malaysia.
KUALA LUMPUR (Nov 2): Media Prima Bhd says it is embarking on the next phase of its business transformation exercise and that all affected employees will receive a fair and equitable compensation package.
KUALA LUMPUR (Oct 23): Tycoon Tan Sri Syed Mokhtar Albukhary-linked company Pelangi Prestasi Sdn Bhd has been allowed by the High Court to proceed with its suit against two parties in relation to its proposed takeover of Sabah Forest Industries Sdn Bhd (SFI).
KUALA LUMPUR (Oct 10): Prime Minister Tun Dr Mahathir Mohamad said today some employees of newspaper publisher Utusan Melayu (M) Bhd, which ceased operations yesterday, will be rehired by a new media group.
KUALA LUMPUR (Oct 9): Utusan Malaysia, the oldest Malay-language newspaper in the country, will carry on despite the operational shutdown of its former holding company Utusan Melayu (M) Bhd today, says the latter's executive chairman Datuk Abd Aziz Sheikh Fadzir.
KUALA LUMPUR (Sept 25): FGV Holdings Bhd says it is unaware of a plan by tycoon Tan Sri Syed Mokhtar Al-Bukhary to buy a 20% stake in the plantation giant.
KUALA LUMPUR (Feb 22): The Ministry of Defence (Mindef) allegedly lost RM258 million by selling the Royal Malaysian Air Force base in Kinrara, Puchong at a 34% discount to tycoon Tan Sri Syed Mokhtar Albukhary in a politically motivated land swap deal, said sources contacted by The Edge Financial Daily yesterday.
Between Jalan Raja Chulan and Jalan Conlay, a 3.