Ewein Bhd changes name to Skygate Solutions Bhd
The change in name comes after the restructuring exercise at Ewein, which saw Ooi Eng Leong emerging as its largest shareholder in June 2023 after raising his stake from 3.
The change in name comes after the restructuring exercise at Ewein, which saw Ooi Eng Leong emerging as its largest shareholder in June 2023 after raising his stake from 3.
The group said RM16 million of the purchase price will be satisfied via the issuance of 17.
The property developer and precision sheet metal fabrication manufacturer said the move is in line with the group's intention to diversify into the provision of workers’ dormitory accommodation and manpower management related services.
“The board is optimistic that the demand for industrial properties is bright and will be contributing towards the profitability of Ewein.
At the same time, Ewein managing director Chuah Poh Lim, 55, will step down from his role “to focus on Ewein’s subsidiaries business performance”.
Lim Guan Eng, who is also DAP chairman, faces two counts of dishonest misappropriation of property in releasing two plots of state-owned land to Ewein Zenith Sdn Bhd and Zenith Urban Development Sdn Bhd — two companies linked to the undersea tunnel project.
KUALA LUMPUR (Nov 12): A former Penang state secretary testified on on Thursday (Nov 11) that former chief minister Lim Guan Eng had not declared at a state executive council (exco) meeting in January 2011 that he had met Beijing Urban Construction Group (BUCG) managing director Datuk Zarul Ahmad Mohd Zulkifli over the undersea tunnel project.
KUALA LUMPUR (Oct 5): Ewein Bhd founder and executive chairman Datuk Ewe Swee Kheng died after falling from a high-end condominium at Jalan Kelawai, Penang this morning, reported Sin Chew.
KUALA LUMPUR (July 2): Ewein Bhd is terminating a joint venture agreement with Consortium Zenith Construction Sdn Bhd (CZC), under which the partners had initially agreed to jointly undertake the development of The City of Dreams 2 — a luxury condominium project — on a plot of land in Penang.
KUALA LUMPUR (Dec 2): Ewein Bhd is partnering Consortium Zenith Construction Sdn Bhd (CZC) to jointly develop land in Penang as a RM159.