The Penang government plans to hand over more super-prime sea-front land to corporations as part of a swap deal to finance the controversial proposed RM5-8bn 6.5km tunnel from Gurney Drive to Bagan Ajam.
Nov 142011
Nov 122011
Ivory Properties Group Bhd is entering into a 51:49 joint venture with Dijaya Corporation Bhd to develop 103 acres of super-prime Bayan Mutiara sea-front land that it is acquiring from PDC for RM1.1bn or RM240psf.
Nov 032011
Tengku Razaleigh highlights the scandal of the independent power producers and how it has cost TNB, consumers and the nation dearly.
Nov 022011
“It is a sad day when we see two architectural treasures within the George Town World Heritage Site, Convent Light Street and Cheong Fatt Tze Mansion, vandalised by Malaysians to make racial political statements.”
Oct 282011
The Penang state government has agreed to give RM20m in compensation to Boustead Holdings Bhd for scaling down the height of its hotel in the George Town heritage zone from 12-storeys to five storeys.