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PETALING JAYA: Avillion Bhd has received an unsolicited RM382mil offer from China-based Guangxi East Hangyang Investment Group to purchase certain land parcels owned by it in Port Dickson
LOSS-MAKING Avillion Bhd has received an offer for its land in Port Dickson from a China-based investment group.
PETALING JAYA: The office buildings in the 70-acre Tun Razak Exchange (TRX) and Permodalan Nasional Bhd’s Merdeka 118 are expected to separate themselves from the rest of the Klang Valley in terms of design, quality and tech advances. Not to mention aesthetics.
A DAY after the government signed an agreement to develop 486 acres of land in Kuala Lumpur, former Finance Minister Tun Daim Zainuddin poured cold water on the deal, stating that it would contribute to the property overhang.
SMALL and medium-sized enterprise (SME) entrepreneurs should conduct market research and ensure they had sufficient cash flow before embarking on a business venture, advised Tun Daim Zainuddin.The former Council of Eminent Person chairman said Malay entrepreneurs’ attitude of depending on the government’s assistance had not changed even though the old government system had been done away with.
AGAIN and again, Malaysia has publicly demanded Goldman Sachs pay an eye-popping $7.5 billion for its role in the 1MDB scandal. But privately, Malaysian negotiators are considering settling for a fraction of that.
KUALA LUMPUR: The worst is over for Lembaga Tabung Haji (TH) as the turnaround plan to stabilise the pilgrimige fund has started to bear fruit.
Last night I arrived late for Caring’s 25th annual dinner celebration at Berjaya Times Square. I did use the excuse of horrendous traffic but it was really my own fault for not starting earlier from home. But I also had the excuse of not being able to wear my bow tie (which took 15 minutes) because the last time I wore one was during my own wedding years ago. As you can guess by now, I am wearing a new tuxedo, recently made and 30 years apart from the first one.