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The Nomad Group Bhd, previously known as Kuala Lumpur City Corp Bhd, plans to expand its new core business in serviced residences to Penang and Thailand as well as increase the number of its serviced office centres to eight by year-end.
Risk-averse investors now have the opportunity to cash in on the robust growth outlook of Asian economies, which are expected to continue to outperform the US economy over the next four years.
Proton Holdings Bhd chairman Datuk Mohammed Azlan Hashim is confirmed to be one of the buyers of Sunway Holdings Bhd's 36.16% stake in Sunway Infrastructure Bhd (SunInfra).