News about global

Briton Anthony Couse moved to Singapore from Shanghai in April last year following his appointment as JLL CEO of Asia Pacific.

KUALA LUMPUR (Aug 8): ML Global has bagged a demolition and reconstruction works contract for Menteri Besar Selangor Incorporated (MBI Selangor) worth RM38 million.

KUALA LUMPUR (Aug 1): Metronic Global Bhd announced that it has extended the special audit it launched in May to review certain projects and transactions undertaken by the group till Aug 19.

SINGAPORE (July 25): The board of Global Logistic Properties (GLP) has appointed Australia and New Zealand Banking Group (ANZ), Singapore branch, as the independent financial adviser to advise its independent directors in making a final recommendation to shareholders over the recent offer for the company.

SINGAPORE (July 24): The Ascott, CapitaLand’s serviced residence unit, is acquiring an 80% stake in Synergy Global Housing, a leading accommodation provider in the US where it leases apartments from partners and property owners to rent to corporate clients.

KUALA LUMPUR (July 17): ML Global Bhd is partnering with Sany Construction Industry Development (M) Sdn Bhd, a subsidiary of China's Sany Group Co Ltd, to set up a precast concrete panel manufacturing plant in Nilai, Negeri Sembilan, which will cost up to RM40 million in initial investment.

SINGAPORE (July 17): UOB KayHian is recommending take up Nesta Investment’s offer to privatise Global Logistic Properties as it is above the brokerage’s target price of S$2.

KUALA LUMPUR (July 12): Metronic Global Bhd has terminated its chief financial officer (CFO) Eric Boon Chuan Kit, as he was deemed to be obstructing and compromising the independency of a special audit.

KUALA LUMPUR (July 11): ML Global Bhd has bagged a RM68.

KUALA LUMPUR (June 23): Global Oriental Bhd is teaming up with Malton Bhd for a mixed development project on 38.