Shangri-La managing director Christopher Phong to step down on March 31
Shangri-La Hotels (M) Bhd announced that managing director Christopher Phong Siew San will resign, effective March 31, according to a bourse filing on Monday.
GenM president Lee Choong Yan now senior adviser, to be redesignated as non-executive director in May
Genting Malaysia Bhd said its long-time president Datuk Seri Lee Choong Yan has been redesignated as a senior adviser, and is slated to step down from the new role in May.
GDB’s former managing director disposes of 6.3% stake at discount
GDB Holdings Bhd's (KL:GDB) former group managing director Cheah Ham Chia has disposed of a 6.3% stake in the builder at a discount.
SD Guthrie, Selangor govt explore massive 5,000-acre development on Carey Island
SD Guthrie Bhd (KL:SDG) and the Selangor state government have entered a strategic partnership to explore a massive integrated development on Carey Island that is set to be a "critical component" of the Carey Island Port—the planned third terminal for Port Klang.
Seal hands over control of 31.5-acre Penang reclamation project to property developer GSD Land
Seal Inc Bhd (KL:SEAL) is relinquishing control over its 31.50-acre reclamation project in Penang to a unit of Penang property developer GSD Land (M) Sdn Bhd to reduce financial risk and funding pressure during the project’s long gestation period.
Johan Holdings’ unit to sell Lumut hotel and adjoining land for RM47.4m
Johan Holdings Bhd (KL:JOHAN) said its 80%-owned unit is selling a hotel in Lumut, Perak, and three adjoining parcels of land for RM47.43 million in cash—a value that almost doubled its market capitalisation of RM24.33 million as of Monday (Feb 16).
Oriental Kopi firms up deal to buy head office for RM23m
Oriental Kopi Holdings Bhd (KL:KOPI) has firmed up a deal to acquire the premises it currently rents as its head office and warehousing facility in Puchong for RM23 million in cash.
PN17 TXCD gets RM119.1 mil in construction subcontracts from Vestland
TXCD Bhd (KL:TXCD), a construction and property development player formerly known as Ageson Bhd and a Practice Note 17 (PN17) company, announced it has secured subcontracts valued at RM119.14 million for construction work in Kuala Lumpur from Vestland Bhd (KL:VLB).
SDS Group to buy Johor Bahru land for RM102 mil to build new factory
Bakery product maker and retailer SDS Group Bhd (KL:SDS) is buying a 14.3-hectare (35.4 acre) land in Johor Bahru for RM101.7 million to build a new manufacturing facility.
NCT Alliance explores battery storage partnership with China’s Great Power
Property developer NCT Alliance Bhd (KL:NCT) is looking at a potential partnership with Guangzhou Great Power Energy & Technology Co Ltd (Great Power) to explore battery energy storage system (BESS) projects in Malaysia.
