Syed Mohamed is now Encorp chairman

KUALA LUMPUR (Aug 26): Encorp Bhd has appointed former banker Datuk Syed Mohamed Syed Ibrahim as its chairman, replacing Tan Sri Mohd Isa Abdul Samad, who resigned in mid-August amid an anti-graft probe over the purchase of a luxury hotel in Kensington, London.

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Sime Darby makes record RM684 mil impairment to give pure plays a clean start

KUALA LUMPUR (Aug 26): Sime Darby Bhd, which is set to list its plantation and property arms — Sime Darby Plantation Bhd (SD Plantation) and Sime Darby Property Bhd (SD Property) — separately on Bursa Malaysia by November, has undertaken a record impairment at the group level to provide a clean sheet for their financials, moving forward.

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When opposites attract

Eupe Corp Bhd’s Datuk Beh Huck Lee and Datin Michelle Gan Eileen From the outside, Datuk Beh Huck Lee and wife Datin Michelle Gan Eileen appear to be an unlikely pair — “complete opposites”, describes Gan.

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An industrious couple

I-Bhd’s Tan Sri Lim Kim Hong and Puan Sri Tey Siew Thuan Drive along the Federal Highway towards Klang in the evening and you will come across the colourful LED-lighted landscape of i-City, an ultrapolis taking shape across 72 acres of freehold land in Section 7, Shah Alam, Selangor.

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Fajarbaru clocks in net profit in 4Q

KUALA LUMPUR (Aug 25): Thanks to higher revenue and contributions from the property development as well as the logging and timber trading segments, Fajarbaru Builder Group Bhd posted a net profit of RM10.

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Final phase at VERVE Suites KL South to be unveiled this weekend

KUALA LUMPUR (Aug 25): For those who want to own a piece of VERVE Suites KL South along Old Klang Road in Kuala Lumpur, this is probably your last chance to do so as the final phase of the development comprising 45 Small-office Home-office (SoHo) units will be open for sale this coming weekend.

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