Eco World International's 3Q net profit plunges 93.39% to RM2.49 million on fewer units handed over
KUALA LUMPUR (Sept 17): Eco World International Bhd's (EWI) net profit for the third quarter ended July 31, 2021 (3QFY21) plunged 93.
Relocate proposed Kulim airport project to avoid water contamination, PBA Holdings tells developers
KUALA LUMPUR (Aug 23): PBA Holdings Bhd, a water utility company that serves Penang, has called on developers of the proposed Kulim International Airport (KXP) in Kuala Muda, Kedah to relocate the massive project to a place away from the banks of Sungai Muda, which is the primary raw water resource for Penang and south Kedah.
1MDB drops Lodin, Ismee, Shahrol and Hazem as defendants in US$8b civil suit
KUALA LUMPUR (Aug 16): 1Malaysia Development Bhd (1MDB) and its four subsidiaries have dropped seven of the 15 defendants in their US$8 billion lawsuit against former office bearers of these companies.
Datuk Leong Sir Ley is focusing on the positive
With so many projects in Melaka which have not quite made it yet, could Sheng Tai International’s The Sail Melaka development succeed? What is the underlying confidence for its chairman and founder Datuk Leong Sir Ley in pursuing this and what is the secret to sustaining Sheng Tai’s cash flow in times like this? Here is an excerpt of EdgeProp.
Sheng Tai International engaging property buyers the unconventional way
“Of course, there are [good and] bad times, but I would say, like a glass of water, you can say it is either half filled or half empty.
Revival possibility remains bleak for abandoned malls in JB
JOHOR BAHRU (July 29): With more new malls opening, coupled with weak market conditions, the hope of abandoned malls in the capital city of the southern region to attract white knights to rescue them seems even harder reported The Star.
Bamboo flooring maker Kanger shareholders okay stake buy, director’s share subscription
KUALA LUMPUR (July 27): Kanger International Bhd said today the bamboo flooring manufacturer had obtained shareholders’ approval to acquire a 51% stake in building materials trading firm Sung Master Holdings Sdn Bhd for RM94.
Sheng Tai eyes RM1 bil FDI with Malaysia's first Cultural Tower plan in Melaka
KUALA LUMPUR (July 23): Property developer Sheng Tai International has unveiled Maritime Cultural Tower, part of the ongoing development of the project The Sail Melaka, with an estimated gross development value (GDV) of RM1 billion which is slated to be completed in 2026.
Risen Energy's RM42.2b project offers local businesses chance to become part of global value chain, says Azmin
KUALA LUMPUR (June 24): Global solar company Risen Energy Co Ltd's RM42.
Sri Ram should not act for law firm sued by 1MDB – former Malaysian Bar president
KUALA LUMPUR (June 22): Former Malaysian Bar president Manjeet Singh Dhillon has written to Attorney General (AG) Tan Sri Idrus Harun and Malaysian Bar president AG Kalidas about his concerns over former Federal Court judge Datuk Seri Gopal Sri Ram representing law firm Wong & Partners in relation to a civil suit against the firm, while he is also involved in the prosecution of 1Malaysia Development Bhd (1MDB) cases.
