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GIVEN the current glut in the local property market, the recent move to take Selangor Properties Bhd (SPB) private can be viewed as a wise strategy by its major shareholder, Kayin Holdings Sdn Bhd.
HONG KONG: Authorities in Hong Kong this week made their largest haul of contraband ivory in more than 30 years, amid surging illegal wildlife seizures fuelled by lax regulations and buoyant demand from mainland China. The ivory was discovered in a 40-foot container from Malaysia declared to hold frozen fish, beneath which officers found the tusks.
Second-largest shareholder dissatisfied with price