Menang announces slew of boardroom changes, 4Q results improved on reversal of over-accrued liability
Two independent directors, Chee Wai Hong and Yee Chun Lin, also resigned from Menang’s boardroom.
Two independent directors, Chee Wai Hong and Yee Chun Lin, also resigned from Menang’s boardroom.
Lido Waterfront Boulevard is a freehold, integrated mixed development, which will be built on 163 acres of reclaimed land, located along the Johor City Centre waterfront facing Singapore.
Meanwhile, pre-tax profits increased by 4%, reaching RM282.
CZC also made similar allegations against Vizione Construction Sdn Bhd, a subsidiary of Vizione Holdings Bhd and the second defendant in the suit, with regards to payments amounting to RM15.
This partnership follows the success of two CLQ projects in Ipoh.
Separately, Signature announced that its net profit for the second quarter ended June 30, 2024 (2QFY2024) halved to RM10.
Tropicana said the original cost of investment in the land stood at approximately RM143.
This was, however, just a little over half of the RM102.
In terms of prospects, the company said it is finalising plans to introduce its first sea-facing residential apartment project on the Andaman Island in Penang and is aiming for that to be launched towards the end of the year.
Prasarana Malaysia: "Our cybersecurity team has identified and is addressing the incident, which involved unauthorised access to several of our systems.