Vincent Tan’s Tioman airport dreams may hit a snag

KUALA LUMPUR (June 11): Could environmental concerns scupper Berjaya Corp Bhd founder and executive chairperson Vincent Tan’s (pictured) plans for a new airport in Tioman island? According to a report by news portal Malaysiakini, Malaysian Airport Holdings Bhd managing director Badlisham Ghazali said that there were environmental concerns as the new airport may entail lengthening the current, “abandoned airport runway into the ocean through land reclamation”.

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WCT’s Subang Skypark deal fails to excite

KUALA LUMPUR (April 4): Shares in WCT Holdings Bhd closed lower yesterday as news that it was acquiring a controlling 60% stake in the operator of the Skypark Terminal at the Sultan Abdul Aziz Shah Airport in Subang, Selangor failed to excite investors.

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WCT buys 60% stake in Subang Skypark

KUALA LUMPUR (April 3): WCT Holdings Bhd is acquiring a 60% stake in Subang Skypark Sdn Bhd — operator of the Skypark Terminal (formerly Terminal 3) of the Sultan Abdul Aziz Shah Airport in Subang, Selangor — for RM44.

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Pavilion’s Desmond Lim eyes Subang Skypark, say sources

PETALING JAYA (Feb 19): Property magnate Tan Sri Desmond Lim is allegedly planning to buy a 60% stake in Subang Skypark Sdn Bhd from Tan Sri Ravindran Menon and his partner Datuk Aisamar Kadil Mydin Syed Marikiah for an undisclosed sum, with intentions to redevelop the land surrounding Sultan Abdul Aziz Shah Airport in Subang, where the company has a long sub-lease concession agreement with Malaysia Airports Holdings Bhd (MAHB) to operate its city airport terminal and integrated commercial and business aviation hub, reported The Edge weekly.

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