CIDB: Private sector adoption of IBS around 35%

KUALA LUMPUR (Jan 17): The private sector adoption of the industrialised building system (IBS) currently stands at an estimated 35%, out of its 2020 target of 50%, said the Construction Industry Development Board (CIDB).

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Khoo Kay Peng steps down as MUI chairman

KUALA LUMPUR (Dec 14): Tycoon Tan Sri Khoo Kay Peng (pictured) has resigned as the executive chairman of Malayan United Industries Bhd (MUI), after more than four decades of helming the company, and will be replaced by his son Andrew Khoo Boo Yeow.

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