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KUALA LUMPUR: Tune Group and ECM Libra Financial Group Bhd, via joint venture vehicle Tune Plato Ventures Sdn Bhd, have collectively acquired a 50% stake in Malaysian home-sharing platform SubHome Management Sdn Bhd.
KUALA LUMPUR: Nam Cheong International Ltd (NCIL) has objected to the move by Perdana Petroleum Bhd’s unit Petra Offshore Ltd to cancel a US$42mil (RM185.6mil) purchase of a 500-man accommodation work barge.
KUALA LUMPUR: Perdana Petroleum Bhd, through unit Perdana Nautika Sdn Bhd, will supply a floating accommodation vessel to Petronas Carigali Sdn Bhd for RM67mil.
KUALA LUMPUR: My EG Services Bhd (MyEG), through recently-incorporated sub subsidiary MY EG Lodging Sdn Bhd (MyEL), is preparing to launch the business of operating hostels for foreign workers by signing on Tuesday a three-year tenancy agreement to rent 512 accommodation units from the Malacca State Development Corp.