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Business

PDC accepts UDA plan to sell Tropical Island stake

PENANG: The Penang Development Corporation (PDC), the state development agency, has accepted an offer by Uda Holdings Bhd (UDA) to sell its stake in Tropical Island Resort Sdn Bhd (TIRSB) to Ideal Property Development Sdn Bhd (Ideal) for RM156 million.

Business

Penang identifying buses for transport system

The Penang state government is identifying suitable buses to buy for its new state-managed public transportation system on the island.hr noshade size=1 width=50%>