UPDATE: Two ‘Datuks’ remanded in Penang tunnel investigation
PETALING JAYA (Jan 10): Two men with "Datuk" titles were remanded today over investigations into the proposed RM6.
UPDATE: Court grants six-day remand for director over Penang tunnel investigation
KUALA LUMPUR (Jan 10): A 59-year-old senior executive director of a company said to be linked to the proposed Penang undersea tunnel has been ordered to be remanded for six days by the Magistrate’s Court in Putrajaya, the news portal Malaysiakini reported today.
MACC remands two company heads in connection with RM6.3b Penang undersea tunnel project probe
PETALING JAYA (Jan 10): The Malaysian Anti-Corruption Commission (MACC) has remanded two company heads — of Ewein Bhd and Consortium Zenith Construction Sdn Bhd — in connection with the RM6.
MACC raids four Penang agencies, three companies over undersea tunnel project
PETALING JAYA (Jan 9): The Malaysian Anti-Corruption Commission (MACC) has raided four Penang state government agencies and three companies in relation to the proposed undersea tunnel project in the northern state, reported news outlets.
Sunway REIT plans minimum RM100m investment for Penang mall extension
PETALING JAYA (Jan 9): Sunway Real Estate Investment Trust (Sunway REIT) is planning a minimum investment of RM100 million, with the bulk of this sum going towards building the second phase of its Sunway Carnival Shopping Mall in Seberang Jaya, on the mainland of Penang.
Federal agencies okay two Penang South Reclamation studies
PETALING JAYA (Jan 4): Several federal agencies have given their approvals on studies for the contentious Penang South Reclamation (PSR) project, reported The Malaysian Insight.
Ideal Property chairman emerges as substantial shareholder of Tatt Giap
KUALA LUMPUR (Dec 29): Penang property magnate Tan Sri Ooi Kee Liang has emerged as the third-largest shareholder of steelmaker Tatt Giap Group Bhd after acquiring a 7.
High property taxes to blame for Selangor’s high cost of living, says economist
PETALING JAYA (Dec 26): High property-related taxes and other rates imposed by the Selangor government have driven up the cost of living in the state, said political economist Isham Jalil.
Mah Sing looks to increase landbank in Klang Valley in 2018
KUALA LUMPUR (Dec 20): Mah Sing Group Bhd is targeting to increase its landbank in Klang Valley to 75% of its total landbank, from the current level of 66%.
