SkyGate to buy Penang property company for RM75.9m in related-party deal
KUALA LUMPUR (Jan 15): SkyGate Solutions Bhd (KL:SKYGATE) is buying a Penang-based property investment company linked to its major shareholder for RM75.
KUALA LUMPUR (Jan 15): SkyGate Solutions Bhd (KL:SKYGATE) is buying a Penang-based property investment company linked to its major shareholder for RM75.
SINGAPORE (Jan 14): Jesselton Courtyard, a freehold residential development in Penang will be launched for sale to Singapore buyers at an event hosted by Savills Singapore during the weekend of Jan 17 and 18.
GEORGE TOWN (Jan 12): Penang is entering a new phase of public transportation as Prasarana Malaysia Bhd, through its subsidiary Rapid Bus Sdn Bhd (Rapid Bus), will begin gradually replacing ageing Rapid Penang buses with electric vehicles (EVs) starting this year.
Three parcels have been acquired in Puchong and USJ 1, Selangor, and in Georgetown, Penang, as part of Sunway’s nationwide expansion strategy.
Offenders may be required to undertake up to 12 hours of activities such as collecting waste, washing public areas, cutting grass or clearing cobwebs within six months of conviction.
The construction group said the contract was awarded to its wholly owned subsidiary Trans Resources Corp Sdn Bhd.
The state executive council has also agreed that appeals for quit rent reductions, outstanding arrears and late payment penalties may be considered through the appeal mechanism at land offices for certain cases.
The Penang International Dragon Boat Regatta (PIDBR) 2025 returned to Straits Quay Retail Marina with teams from around the world gathering at one of the island’s most recognisable waterfront settings.
“However, the implementation of the traffic management plan (TMP) during the festive seasons will be arranged in a way that does not disrupt the traffic flow or compromise the safety of road users, especially with the expected increase in vehicles,” said Penang State Infrastructure, Transport and Digital Committee chairman Zairil Khir Johari.
Chief Minister Chow Kon Yeow said the state government had received a presentation from the companies involved in the project at the State Executive Council meeting to review the issues raised and the steps needed to address them.