Archive for the 'Malaysian finance/business' Category

Lifting the corporate veil on Nusmetro Ventures

It’s time to lift the corporate veil on the developer of the Oasis project, Nusmetro Ventures (P) Sdn Bhd, to find out who the people behind it are. The company was previously known as Nusmetro Ventures Sdn Bhd, until the name was changed in 29 April 2005 - around the same time the previous state [...]

Nasharudin retains No. 2 but Nizar bags 85% of votes

Nasharudin has retained the Pas deputy presidency. He collected 480 votes, Husam Musa polled 281 while Mat Sabu won 261.
It looks as if the “progressive” or modernist votes have been split between Husam and Mat Sabu, who together collected 541 votes (54 per cent of votes cast) compared to Nasharudin’s 480 votes.
In comparison, Nizar easily [...]

After a downpour in Tanjong Bunga…

This is what happened after a downpour around the Persiaran Tanjong Bunga area recently.

Churches + Land matters = Controversy

The Anglican Church reportedly has sold the St Mark’s Secondary School field in Butterworth to a developer much to the dismay of the school’s PTA/PIBG

Long-time residents of a century-old kampung in the St Francis Xavier Catholic Church premises within George Town’s world heritage zone look on as a contractor illegally demolishes one of the houses [...]

Bakun undersea cables on again; new dam in Pahang?

The on-off project to lay undersea cables to transmit electricity from the jinxed RM7 billion Bakun Dam to the peninsula is now on again.
This time we are told the undersea cables will cost RM9 billion and that the cables will transmit electricity to the peninsula as well as Sabah. Brunei is reportedly also interested.
MRCB has [...]