1MDB will consider late bid by Desmond Lim
1 Malaysia Development Bhd (1MDB) is understood to be considering a late bid by businessman Tan Sri Desmond Lim, partnering a Qatari state-owned firm, even though it was made after the tender closed.
Kulim acquires land from Johor Corp for RM17.93m
KUALA LUMPUR (Dec 7): Kulim (Malaysia) Bhd (Kulim) proposed to acquire a 14 acres of Johor industrial land from Johor Corp Bhd (JCorp) for a total consideration of RM17.
Penang Transport Master Plan welcomed, with caveats
PENANG (Dec 7): Those who attended yesterday’s open session on the RM27 billion Penang Transport Master Plan were generally welcoming of the ambitious project.
MRCB plans private placement to raise up to RM612 mil
KUALA LUMPUR (Nov 17): Malaysian Resources Corp Bhd plans to undertake a private placement of up to 20% of its issued and paid-up share capital to its major shareholder Gapurna Sdn Bhd and independent third-party investors to be identified later, which could raise up to RM612.
IJM Land offers affordably priced homes in Bandar Rimbayu
ADAPTING to market demand is key to staying relevant in any business.
Tan Sri Lim Hock San bags WCES Lifetime Achievement Award
PETALING JAYA (Nov 13): LBS Bina Group Bhd managing director Tan Sri Lim Hock San won the World Chinese Economic Summit (WCES) Lifetime Achievement Award for enhancing relations with China during a presentation at the 7th World Chinese Economic Summit in the UK.
Ekovest co-founder Lim is Fiabci’s Property Man
KUALA LUMPUR (Nov 6): The International Real Estate Federation’s Malaysian chapter (Fiabci Malaysia) has named Ekovest Bhd’s co-founder and executive chairman Tan Sri Datuk Lim Kang Hoo Property Man while IJM Land Bhd’s non-executive director and former CEO and managing director Datuk Soam Heng Choon was awarded Property CEO at the 23rd Malaysia Property Awards (MPA) presentation ceremony here tonight.
MRCB: Financing for Bukit Jalil sports complex project 'not an issue'
KUALA LUMPUR (Nov 3): Malaysian Resources Corp Bhd (MRCB) has dismissed concerns that the mega projects it is undertaking soon, particularly the rejuvenation of Bukit Jalil National Sports Complex, will strain its cash flow or spike its debt level of 1.
Lonely Planet: George Town is fourth most charismatic city globally
GEORGE TOWN (Oct 29): George Town of Penang has been named by Lonely Planet as the fourth most charismatic city in the world.
Penang government finalising study on ferry service
GEORGE TOWN (Oct 15): The Penang state government is finalising a detailed study on the takeover of the iconic ferry service between the island and Butterworth that has bled Penang Port Sdn Bhd (PPSB) with a loss of RM15.
