Maybank roped in for Penang megaproject

KUALA LUMPUR (Aug 28): Consortium Zenith Construction Sdn Bhd (CZC) said it had overcome a hurdle in the contentious Penang Major Roads and Third Link development as Malayan Banking Bhd (Maybank) had been roped in to provide financing for part of the project.

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Ewein all set to make a comeback

KUALA LUMPUR (July 21): Ewein Bhd deputy chairman and group managing director Datuk Ewe Swee Kheng (pictured) recently spoke to The Edge where he said that that the group has weathered a storm over the past three years, and he believes the worst is over.

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Abdul Azeez sues Guan Eng for defamation

KUALA LUMPUR (March 12): The Chief Minister of Penang Lim Guan Eng has been presented with a writ of summons for an apology by Datuk Seri Abdul Azeez Abdul Rahim (pictured) over the island state’s undersea tunnel project, The Malay Mail Online reported today.

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Vertice falls into the red in FY17 after four losing quarters

KUALA LUMPUR (Feb 28): Vertice Bhd, which has a 13% stake in Penang undersea tunnel developer Consortium Zenith Construction Sdn Bhd (CZC), posted its fourth consecutive losing quarter today on expenses incurred for multiple corporate exercises, higher administrative spending and a loss in its retail division.

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