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. Continue reading »
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. Continue reading »
Heeding Bayan Bay residents’ protests, the Penang state government has called off a controversial proposed agreement to allow Boustead Holdings Bhd to reclaim land as compensation for having to scale down the firm’s hotel along Weld Quay. Continue reading »
