Chow, who is also the Padang Kota assemblyman, said this is because PDC’s industrial land bank is at strategic locations and can be marketed to investors in promoted industries.
The Penang Development Corporation has made amendments to all offer letters to include clauses on company stock changes prior to signing any agreements, following the contentious equity structure of Umech Land Sdn Bhd.
Penang Chief Minister Chow Kon Yeow has the backing of the state exco to sue tycoon Tan Sri Tan Kok Ping for allegedly defaming him, in remarks over the state’s land deal with Umech Construction Sdn Bhd (Umech).
The principle now hangs in the balance after party sec-gen says it is considering a change, while treasurer William Leong said it looking at mechanisms to optimise system while ensuring it remains democratic
GEORGE TOWN – A total of 2,829 police officers and personnel will be on duty on the nomination day of the state election in Penang on July 29 to ensure safety and that no...
