BY TEE LIN SAYPETALING JAYA: There was an off-market transaction of 61.068 million shares or a 37.5% stake of M-Mode Bhd at the price of 30 sen a share yesterday, suggesting that its single largest shareholder and group managing director Datuk Lim Thean Keong is exiting the company.Lim is the...

BY STUART MICHAELSome of the chopped pine trees along Jalan Desa Utama at Bandar Country Homes, Rawang.SELAYANG Municipal Council (MPS) will plant Merawan trees at Bandar Country Homes in Rawang to replace the old pine trees that were felled in the township earlier this month.Council Landscape...

BY EUGENE MAHALINGAMI-Bhd executive chairman Tan Sri Lim Kim Hong (left) and Star Media Group Bhd group MD and CEO Datuk Seri Wong Chun Wai (right) at the launch of StarProperty.my Fair (i-City Edition).SHAH ALAM: Star Media Group Bhd, together with property developer I-Bhd, have launched the...

BY LEONG HUNG YEEMah Sing group managing director Tan Sri Leong Hoy Kum.KUALA LUMPUR: Mah Sing Group Bhd posted a net profit of RM90.42mil on the back of RM723.5mil revenue in the first quarter ended March 31, 2017 (Q1, FY17).The property developer’s pre-tax profit rose 6.9%, or RM7.8mil to...

BY JOSEPH CHINSime Darby president and group chief executive, Tan Sri Mohd Bakke Salleh said the group’s year-to-date results for FY2017 have largely been supported by higher crude palm oil (CPO) prices.KUALA LUMPUR: Sime Darby posted earnings of RM699mil in the third quarter ended March 31,...

// // // Most people consider success as going to a good school and achieving good results as the pathway to success.But once we step foot into the society, we would know there are abundant opportunities for people to achieve success in various field. The setbacks and failure could ultimately...

PETALING JAYA: Ekovest Bhd’s net profit for its third quarter ended March 31, 2017 was flat at RM11.06mil compared with RM11.08mil in the previous corresponding period, while revenue in the third quarter rose to RM291.75mil from RM184.77mil a year earlier.In a filing with Bursa Malaysia...

BY TAN SIN CHOWGEORGE TOWN: The state government’s decision to get a loan from a state-owned bank in China as “bridging finance” to carry out Phase 1 of the Penang Transport Master Plan (PTMP) continues to draw questions.Penang MCA chairman Datuk Tan Teik Cheng questioned the state’s need...

BY INTAN FARHANA ZAINULGROUP chief executive officer Datuk Yau Kok Seng said that for this year, Tropicana planned to launch property projects worth RM1.6bil, focusing on landed residential houses, shop houses and high-rise affordable homes.“The affordable home segment is new for the group. For...

GEORGE TOWN: The Penang government has called for action to be taken against the developer of a RM1.2bil coastal reclamation project dubbed ‘The Dubai of Malaysia’ in Kedah.Chief Minister Lim Guan Eng expressed shock that reclamation work on the Aman Laut project had begun even without the...