MRCB’s MoU with IWH CREC lapses

KUALA LUMPUR (Jan 27): Malaysian Resources Corp Bhd’s (MRCB) memorandum of understanding (MoU) with Wondrous Vista Development Sdn Bhd and IWH CREC Sdn Bhd to collaborate with each other to develop an integrated transportation terminal in Bandar Malaysia has lapsed.

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Sime Darby reveals plan to list plantation, property arms

KUALA LUMPUR (Jan 27): Sime Darby Bhd plans to create three pure play stand-alone businesses in the plantation, property and trading and logistics sectors, by floating the shares in its plantation and property arms, while retaining its trading and logistics business under the current listed entity.

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Living it up in LA

Luxury hotel operator Fairmont Hotels & Resorts, now part of the AccorHotels Group, has announced the signing of definitive agreements for the revitalisation and management of the historic Century Plaza Hotel, located in the heart of Century City in Los Angeles.

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