Pasdec shareholders told to reject takeover offer

KUALA LUMPUR (Aug 3): Pasdec Holdings Bhd shareholders have been told to reject the takeover bid launched by its substantial shareholder Datuk Seri Tew Kim Thin, which has been deemed "not fair and not reasonable" by independent adviser Public Investment Bank Bhd (PIVB).

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DBKL to review Sri Petaling high-rise project

PETALING JAYA (July 30): Dewan Bandaraya Kuala Lumpur (DBKL) will review a proposed high-rise residential development on a piece of vacant land in Taman Sri Endah, Sri Petaling that has invoked the ire of locals seeking to protect the neighbourhood’s green space.

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Megat Zaharuddin named Felda chairman on two-year contract

KUALA LUMPUR (July 27): Tan Sri Megat Zaharuddin Megat Mohd Nor (pictured), former chairman of the country's biggest bank, Malayan Banking Bhd (Maybank), has been named as the chairman of Federal Land Development Authority (Felda), which is believed to be valid for the next two years.

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