Tropicana divests 55% stake in Tropicana Ivory for RM70.7m
KUALA LUMPUR (Oct 26): Tropicana Corp Bhd’s wholly-owned subsidiary Tropicana Development (Penang) Sdn Bhd (TDP) is disposing of its 55% stake in Tropicana Ivory Sdn Bhd (TISB) for RM70.
Negeri Sembilan palace strips Najib, Rosmah of Datuk Seri titles
KUALA LUMPUR (Oct 26): Former prime minister Datuk Seri Najib Razak and his wife Datin Seri Rosmah Mansor have been stripped of their titles which carry the Datuk Seri honorific by the Negeri Sembilan ruler.
MBPP wants paired road project consultant to show cause over landslide
KUALA LUMPUR (Oct 22): The Penang Island City Council (MBPP) today instructed the consultant of the Bukit Kukus paired road project to show cause over the deadly landslide last week, reported the Malay Mail.
Vertice confident about infrastructure project in Penang
Formerly known as VOIR Holdings Bhd, Vertice is confident in the successful execution of a mega infrastructure project in Penang.
‘Every contractor failed to do soil erosion measures in every site’
GEORGE TOWN (Oct 20): The ongoing search and rescue operation for seven buried foreign workers at a construction site in Paya Terubong has led to information surfacing that reveals no construction sites in Penang are adhering to the soil erosion mitigation plan stipulated in their project approvals.
High-rise residents at Bandar Baru Ayer Itam, Paya Terubong want solution to their problems
PENANG (Oct 16): Sick and tired of long-standing problems plaguing the high-rise buildings they are living in, residents Bandar Baru Ayer Itam and Paya Terubong are hoping the authorities can help them.
UPDATE: Number of built unsold home jumps almost 20% in 1H2018
KAJANG (Oct 11) : The slow market absorption of properties has led to the increase in residential overhang which totals 29,227 units worth RM17.
MBPP to absorb SST on parking fees at council lots
PETALING JAYA (Oct 8): Majlis Perbandaran Pulau Pinang (MBPP) will absorb the 6% charge from the Sales and Service Tax (SST) imposed on parking fees for council lots, reported The Star.
High earnings visibility for Vizione, says report
KUALA LUMPUR (Oct 6): Vizione Holdings Bhd’s order book “provides relatively clear earnings visibility in the coming four years, at least”, The Edge Malaysia said in a report in its latest issue.
Putrajaya: Penang can have more than one city council
PETALING JAYA (October 5): Penang government will proceed with plans for Seberang Prai municipal council (MPSP) on mainland Penang to city to be elevated to city council status.
