News about Vincent Tan

This 11th Awards Appreciation Night was not only a celebration of Gather Properties' achievements but also a stage for its agents to showcase their success.

The rail line project was earlier estimated to cost as much as RM100 billion as a government-funded project.

In its 10th anniversary celebration last week, the agency also signed a new MOU with EdgeProp to expand its market reach and sharpen its competitive edge.

BCorp disposed of 110 million shares in BLand held under Juara Sejati Sdn Bhd via a direct business transaction on Sept 22.

Judicial Commissioner Choong Yeow Choy granted the ad-interim injunction as Kedah Menteri Besar Datuk Seri Muhammad Sanusi Md Nor’s lawyer Nurul Atiqah Badrul Hisham had informed the court that they needed time to file affidavits in reply and submission for the inter partes hearing (hearing involving both parties) of the injunction which was supposed to take place on Friday (Aug 25) morning.

Tan Sri Vincent Tan’s counsel Chuar Kia Lin confirmed with The Edge that the Shah Alam High Court allowed the ex-parte injunction application earlier on Thursday (Aug 17).

Tan and BLand are seeking general damages, compensatory damages, aggravated damages and exemplary damages.

The company and Tan have also lodged several police reports against Sanusi and bloggers Murray Hunter, Badrul Hisham Shaharin (better known as Chegubard) and Raja Petra Kamarudin, over the alleged publication of similar defamatory and untrue remarks relating to the SMG project.

This slashed his direct shareholding in BLand to 33.

In a filing on Tuesday (Oct 18), BLand said its wholly-owned subsidiary Nural Enterprise Sdn Bhd purchased the shares via a direct business transaction with BLand’s internal funds.