Ivory Prop disposes of its 45% stake in Penang property development firm for RM56m
KUALA LUMPUR (Nov 2): Ivory Properties Group Bhd is disposing of its 45% interest in a Penang-based property development company for RM56.
Heng Huat major shareholder Ooi is now its executive chairman
KUALA LUMPUR (Nov 2): Ooi Chieng Sim, the executive chairman of Atta Global Group Bhd, is also wearing the same hat in Heng Huat Resources Group Bhd now.
In Vietnam’s ‘Billionaire Village’, migrant cash can buy a palace
PETALING JAYA (Nov 1): At least three of the 39 illegal migrants found dead in the back of a truck in Essex, Britain came from a place called “Billionaire Village” in Vietnam, according to a report by Reuters today.
SC Estate Builder eyes new venture in solar power
KUALA LUMPUR (Nov 1): SC Estate Builder Bhd has entered into a memorandum of understanding (MoU) with Dekad Aliran Sdn Bhd (DASB) for a proposed collaboration in the solar power business under an engineering, procurement, construction and commissioning (EPCC) structure.
Mudajaya reveals new major shareholder
KUALA LUMPUR (Nov 1): Mudajaya Group Bhd said today Yakin Setiamas Sdn Bhd has emerged as a substantial shareholder in the builder after Yakin Setiamas acquired 162.
National Cleanliness Policy to help PPR residents turn trash into cash
KUALA LUMPUR (Nov 1): Residents of People's Housing Projects (PPRs) will soon be able to learn how to turn trash into cash under the soon-to-be-launched Dasar Kebersihan Negara, or National Cleanliness Policy (NCP).
Judge discharges himself from OBYU, Najib, Rosmah, Umno, Global Royalty forfeiture case
KUALA LUMPUR (Nov 1): High Court Justice Collin Lawrence Sequerah has discharged himself from hearing the forfeiture case involving the public prosecutor and OBYU Holdings Sdn Bhd, Datuk Seri Najib Abdul Razak, his wife Datin Seri Rosmah Mansor, Umno and Lebanese jeweller Global Royalty SAL, which wanted to intervene and be a third party in the matter.
Mah Sing eyeing for prime land for affordable housing projects
PETALING JAYA (Nov 1): Mah Sing Group Bhd will continue to acquire land in strategic locations for affordable residential property development to meet market needs, said the group founder and managing director Tan Sri Leong Hoy Kum.
Boardroom changes in Majuperak
KUALA LUMPUR (Nov 1): Majuperak Holdings Bhd has appointed Nizran Noordin — a former private secretary to the Perak chief minister — group chief executive officer with effect from tomorrow, in a boardroom reshuffle.
It is mind-boggling where PLUS money went, says Halim Saad
KUALA LUMPUR (Nov 1): Businessman Tan Sri Halim Saad, who wants to take over PLUS Malaysia Bhd, is questioning the financials of the highway concessionaire, including its high annual operating expenditure at RM1.
