Glomac appoints Tabung Haji CEO as alternate director

KUALA LUMPUR (June 1): Glomac Bhd has appointed Lembaga Tabung Haji group managing director and chief executive officer (CEO) Datuk Seri Johan Abdullah as an alternate director to its non-independent non-executive director Datuk Seri Panglima Abdul Azeez Abdul Rahim.

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MRCB ropes in EPF to develop Bukit Jalil land

KUALA LUMPUR (June 1): Malaysian Resources Corp Bhd (MRCB) is partnering with its largest shareholder, the Employees Provident Fund (EPF), to jointly develop three parcels of leasehold land in Bukit Jalil into an integrated development, which will have a potential gross development value (GDV) of RM21 billion over a 20-year period.

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Auditor casts going concern doubts on Damansara Realty

KUALA LUMPUR (May 31): Damansara Realty Bhd’s external auditor has issued a statement regarding a material uncertainty in the financial statements of Damansara Realty that may cast significant doubt on the company’s ability to continue as a going concern.

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