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Company to use proceeds for construction business
Amount raised to fund ongoing and future projects
AS A whole, the banking sector is facing increasing pressure by the day.
TOP Glove Corp Bhd’s founder and chairman Tan Sri Lim Wee Chai’s entry into property developer LBS Bina Group Bhd over the past week is noteworthy.
BACK in the early 2000s, the thought of running his family’s prefabricated container business did not really cross James Yeoh Chor Guan’s mind. The UK-educated mechanical engineer was, after all, working with one of the world’s largest consultancy firms in Singapore. The perks were good and so was the prestige.
THEY can’t promise you a glamorous building with white picket fences, but the prefabricated, or widely known as prefab, schemes have been tagged as a clever and industrious way to build homes efficiently and affordably and they are gaining a reputation as a viable solution for the built environment.
KUALA LUMPUR: Malaysian construction industry players have to keep up with the latest local and global trends, as well as developments to maintain their competitive edge moving forward.
KUCHING: Sarawak Consolidated Industries Bhd (SCIB), the company controlled by billionaire Datuk Mohd Abdul Karim Abdullah, is eyeing more contracts to supply industrialised building system (IBS) products in its home state.