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KUALA LUMPUR: Eco World Development Group Bhd (EW Bhd) is undertaking a new joint-venture (JV) mixed development project next to Setia Alam, the award-winning township in Shah Alam that helped build EW Bhd chairman Tan Sri Liew Kee Sin’s reputation as an industry leader.
KUALA LUMPUR: Boustead Holdings Bhd (BHB) is on track to pare down debt and reduce its gearing to 0.9 times from 1.1 times by end-2016, said deputy chairman and group managing director Tan Sri Lodin Wok Kamaruddin.
BOUSTEAD Holdings has proposed to sell its 30% stake in Jendela Hikmat Sdn Bhd (JHSB) to Cascara Sdn Bhd, which currently owns a 40% stake in JHSB, for a total consideration of RM180mil.
KUALA LUMPUR: Boustead Holdings Bhd is selling its entire 30% stake in property company Jendela Hikmat Sdn Bhd – which owns 577.58 acres of land in Selangor and in Kuching valued at RM857.95mil -- to Cascara Sdn Bhd for RM180mil cash consideration.