Glomac appoints Tabung Haji CEO as alternate director

KUALA LUMPUR (June 1): Glomac Bhd has appointed Lembaga Tabung Haji group managing director and chief executive officer (CEO) Datuk Seri Johan Abdullah as an alternate director to its non-independent non-executive director Datuk Seri Panglima Abdul Azeez Abdul Rahim.

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Auditor casts going concern doubts on Damansara Realty

KUALA LUMPUR (May 31): Damansara Realty Bhd’s external auditor has issued a statement regarding a material uncertainty in the financial statements of Damansara Realty that may cast significant doubt on the company’s ability to continue as a going concern.

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This property group is poised for a pickup

SINGAPORE (May 30): DBS Vickers expects Frasers Centrepoint Ltd (FCL) and its REITs to deliver consistent returns in the coming years, leveraging on the improved outlook of their key markets of Australia and Singapore.

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