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DIVERSIFIED group DRB-HICOM Bhd, which is mainly involved in the automotive industry, expects its property division to contribute significantly to group revenue when its projects are completed, senior group director Datuk Mohd Nor Mohamad said.
MBFl Resorts Pry Ltd has sold its troubled Wirrina Cove Resort in South Australia to Sefule Pty Ltd, a Sydney development company, for A$14.25mil, it was reported.
'The man in red jacket' - this expression, sometimes said in jest and cynicism but often out of endearment, is directed at SK Brothers Realty boss Charlie Chan whose 'uniform' seems to reflect his flamboyant nature.
On this Christmas Day, our CEO Outlook features three entrepreneurs who have reasons for good cheer. They are Tan Sri Chua Hock Chin of Road Builder Bhd, Datin Irene Gan of Reliance Pacific Bhd, and Datuk Liu Thim Soon of Dancom Group.
MULPHA International Bhd (MIB), which is constantly on the look out for new business opportunity to enhance shareholders' value, still regards property development as it main core business.
Having gone through haze, Nipah virus, Sept 11, Bali bombing, Iraq war, Severe Acute Respiratory Syndrome (SARS) outbreak, and most recently, bird flu, Reliance Pacific is better prepared to face the future, says the company's executive director Tan Sin Chong.