Tropicana redesignates managing director Din Tan as deputy group CEO
Tropicana Corp Bhd (KL:TROP) said it has redesignated its group managing director, Din Tan Yong Chia, as deputy group CEO, effective Thursday.
Tropicana Corp Bhd (KL:TROP) said it has redesignated its group managing director, Din Tan Yong Chia, as deputy group CEO, effective Thursday.
Matrix Concepts Holdings Bhd (KL:MATRIX) founder and group executive deputy chairman Datuk Seri Lee Tian Hock has transferred 10 million shares to his son Kelvin Lee Chin Chuan, who is also the company’s group executive director.
Trading in Meridian Bhd’s (KL:MERIDIAN) shares will be suspended from Oct 8 if the loss-making property developer fails to release its annual report by Oct 7.
Majestic Gen Sdn Bhd’s Majestic Yu, a landed residential development in Seremban, has been 80% taken up since its launch in June, according to a press statement on Wednesday.
Epicon Bhd (KL:EPICON) is diversifying into property development by investing RM72.13 million to form a joint venture with NCT Alliance Bhd (KL:NCT) to undertake a terraced home project in Batang Kali.
OSK Holdings Bhd (KL:OSK) said the group is acquiring a 3.3-acre land in Subang Jaya from Tropicana Corp Bhd (KL:TROP) for RM44.34 million to develop serviced apartments.
Located at 333 St Kilda Road, the project comprises 78 residential units and three retail lots on a land area of about 2,000 sq m, 7km from the Melbourne central business district.
Building around the idea of a “landed mid-rise”, DaMai comprises a 17-storey block with 306 units ranging from 2,056 to 5,038 sq ft.
“The group will adopt a prudent approach by leveraging its strategic land bank to develop properties that meet market needs.”
The 7.3-acre site, which comes with a new 99-year leasehold, is designated for an integrated development comprising up to 875 residential units, approximately 12,600 sq m of commercial space, a bus interchange, and a hawker centre.