Eugene Mahalingam

Recent and archived articles by Eugene Mahalingam

17 Jul 2019 | 11:05 AM

Perodua revises upwards sales target to 235,000 units

KUALA LUMPUR: National carmaker Perodua has revised upwards its 2019 sales target to 235,000 units from 231,000 units initially, underpinned by sustained healthy demand for all its models.

Perodua president and CEO Datuk Zainal Abidin Ahmad
11 Jul 2019 | 7:00 AM

Paramount Corp eyes regional expansion

KUALA LUMPUR: Paramount Corp Bhd, which has received shareholder approval to dispose of 65% of its tertiary education ops, is looking to expand its property business within the region.

10 Jul 2019 | 1:12 PM

Paramount shareholders approve UOW-KDU transaction

KUALA LUMPUR: Paramount Corp Bhd has received shareholder approval to dispose of its education ops, paving the way for the company to further grow its property segment.

8 Jul 2019 | 7:00 AM

Sime Darby Motors seeks new partners

KULIM: Sime Darby Bhd’s automotive arm, Sime Darby Motors, is in talks to attract new business partners to set up operations within its 200-acre manufacturing facility here.

Hard at work: A view inside the Inokom plant in Kulim. Sime Darby Motors currently assembles BMW, Mini, Hyundai and Mazda vehicles at the plant.
3 Jul 2019 | 7:00 AM

More Malaysians using Airbnb to settle mortgages

PETALING JAYA: More Malaysians are relying on Airbnb to settle their mortgages given the property overhang that is engulfing the sector.

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29 Jun 2019 | 7:00 AM

Property tourism in a market glut

A GROUP of about 100 people from Hong Kong exit a tour bus that’s parked at the base of Phileo Damansara in Petaling Jaya, making their way up excitedly to Sheng Tai International Sdn Bhd, a diversified real estate, investment management and hospitality firm.

Sheng Tai International Hong Kong general manager Chak Wan Chuen, who is also fondly known as Mon Jie. She poses beside a sales model of The Sail, a high-rise residential project in Melaka.
27 Jun 2019 | 7:00 AM

Mah Sing plans to spend up to RM1bil to buy more land

KUALA LUMPUR: Property developer Mah Sing Group Bhd is prepared to spend up to RM1bil to acquire more land primarily within the Klang Valley for potential residential and industrial development.

26 Jun 2019 | 1:24 PM

Mah Sing targets RM1.5bil sales in 2019

KUALA LUMPUR: Mah Sing Group Bhd is on track of achieving its sales target of RM1.5bil for 2019, underpinned by healthy take-up from the group’s affordably priced properties so far this year.

26 Jun 2019 | 7:00 AM

PLUS prepared to listen to govt offer

PETALING JAYA: PLUS Malaysia Bhd, the country’s largest expressway service provider, is prepared to listen to the government if a deal is offered to acquire the former’s concession business.

PLUS Malaysia Bhd managing director Datuk Azman Ismail (right) shaking hands with Microsoft Malaysia managing director K. Raman, at a ceremony to announce a tie-up between the two companies. The partnership is part of PLUS’ strategy to embarks on a digital transformation via Microsoft to modernize the highway experience in Malaysia.
25 Jun 2019 | 2:47 PM

Plus Malaysia to tackle RM2.7mil financial leakages

PETALING JAYA: Plus Malaysia Bhd, the country’s largest expressway service provider, aims to tackle financial leakages worth RM2.7mil in annual revenue by incorporating more cloud-based systems into its operations.