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Genting Malaysia says Genting SkyWorlds preparations underway; health, safety key priorities as Covid-19 lingers

Genting Malaysia Bhd (GENM) said "preparations are underway" for the opening of the Genting SkyWorlds outdoor theme park at Resorts World Genting (RWG), a key growth initiative for the casino and hotel in Malaysia and that the health and safety of guests, employees and the community remain key priorities amid lingering Covid-19 pandemic concerns.

See Hup sells land in Penang to Tek Seng for RM46 96m cash

KUALA LUMPUR (Jan 14): See Hup Consolidated Bhd is selling nine plots of land in Penang measuring 853,863 sq ft in total for RM46.96 million cash to Tek Seng Holdings Bhd and a vehicle controlled by the latter’s executive chairman and managing director. In a bourse filing, See Hup said the proposed disposal is expected to generate a pro forma gain of RM28.05 million. The market value of the property is RM45.20 million, as appraised by C H Williams. The transportation and logistics company announced that its wholly-owned subsidiary Limsa Ekuiti Sdn Bhd had entered into a conditional sale and purchase agreement (SPA) with Tek Seng s subsidiary Wangsaga Industries Bhd and Tek Seng Properties & Development Sdn Bhd for the parcel of industrial land. 

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