Encorp CEO resigns; posts second straight quarterly loss

KUALA LUMPUR (Feb 24): Encorp Bhd, which posted its second straight quarterly loss in the fourth quarter ended Dec 31, 2017 (4QFY17), announced today the resignation of its group chief executive officer (CEO) Datuk Zakaria Nordin, following the expiry of his contract.

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PDC makes RFP for Batu Kawan theme park — again

  PETALING JAYA (Feb 24): The Penang Development Corp (PDC) has made a request for proposals (RFP) for its outlay-heavy “International Theme Park and Mixed Development East of Batu Kawan” – this time on more flexible terms, reported The Edge weekly.

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Tadmax to return to the black in FY18

KUALA LUMPUR (Feb 23): Tadmax Resources Bhd, whose losses widened in the first nine months of 2017, expects to be on a better footing this year with the bulk of the group’s short-term financial commitments largely resolved.

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'Yang Yin' house in Singapore up for sale, likely to fetch RM104m

PETALING JAYA (Feb 23): A single-storey bungalow occupying a freehold parcel as big as half a football field in land-scarce Singapore that was the subject of a fraught court battle between a former China tour guide and a wealthy widow has been put on the market, where it is expected to fetch S$35 million (RM104 million or RM3,254 psf), reported The Straits Times.

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