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PETALING JAYA: Berjaya Media Bhd, the publisher of theSun newspaper, recorded a wider net loss of RM7.96mil in the third quarter of financial year of 2019 (3Q19), due to lower revenue and a RM5.91mil compensation that is expected to be paid for legal suits.
THE year 2019 is starting to look interesting. After a boring January where nothing much happened, the pace is picking up both in business opportunities and political activities. After getting the New Year and Chinese New Year celebrations out of the way, entrepreneurs and politicians have started planning and strategising for the year ahead.
IT’S deja vu for Tropicana Corp Bhd. Founder and major shareholder Tan Sri Danny Tan Chee Sing is embarking on a second amalgamation exercise injecting his privately-owned assets into the listed company.
KUALA LUMPUR: Berjaya Corp Bhd (BCorp) will build Okinawa’s most outstanding hotel at a total investment of about US$400mil (RM1.65bil), inclusive of land cost.
KUALA LUMPUR: Berjaya Land Bhd is developing its Four Seasons Resort and Private Residences Okinawa in Japan with a a projected total development cost of US$400mil (RM1.64bil) and the gross development value estimated to be about US$1bil (RM4.10bil).
PETALING JAYA: W Hotel joins a list of other hotels for sale, with owner Tropicana Corp Bhd believed to be asking RM360mil for it, according to sources. This translates to RM2.4mil a room, which two out of three sources said is “a bit high”. The hotel started accepting guests in the second half of last year.