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Widad to expand facilities management business into defence industry via RM35m acquisition

Widad to expand facilities management business into defence industry via RM35m acquisition
Justin Lim
© Provided by The Edge
KUALA LUMPUR (April 14): Widad Group Bhd has proposed the acquisition of a firm for RM35 million cash, which will expand the group s integrated facilities management service offerings into the defence industry.
In a bourse filing, Widad said its wholly-owned subsidiary Widad Capital Sdn Bhd has signed a heads of agreement to acquire Palm Shore Holdings Sdn Bhd (PSHSB) from Nawawi Tamby and Mohd Ghauth Mohd Yusoff, who hold 70% and 30% stakes in the firm.
“It represents a strategic opportunity for Widad Group to strengthen its remaining order book from approximately RM1.2 billion currently to RM1.5 billion post proposed acquisition, and diversify its service offerings into the defence industry,” the group added. ....

Kuala Lumpur , Sungai Lunchoo , Nawawi Tamby , Mohd Ghauth Yusoff , Sdn Bhd , Palm Shore Holdings Sdn Bhd , Royal Malaysian Navy , Widad Group , Widad Group Bhd , Widad Capital Sdn Bhd , Bursa Malaysia , குவாலா லம்பூர் , ஸ்டன் ப்ட் , அரச மலேசியன் கடற்படை ,

Widad to acquire Royal Navy training centre maintenance firm in Johor for RM35mil

Widad to acquire Royal Navy training centre maintenance firm in Johor for RM35mil
thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.

Kuala Lumpur , Nawawi Tamby , Mohd Ghauth Yusoff , Palm Shore Holdings Sdn Bhd , Royal Malaysian Navy At Sungai Lunchoo , Widad Group Bhd , Widad Group , Royal Malaysian Navy , Sungai Lunchoo , Bursa Malaysia , குவாலா லம்பூர் , அரச மலேசியன் கடற்படை ,

MACC arrests Navy man over false claims

MACC arrests Navy man over false claims
thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.

Sungai Lunchoo , Kd Sultan Ismail , Sungai Lunchoo Navy Reserve , A Royal Malaysian Navy , Corruption Commission , Johor Baru Magistrate Court , Royal Malaysian Navy , Malaysian Anti Corruption Commission , Sungai Lunchoo Navy Reserve Force , Datuk Azmi Alias , Johor Baru Magistrate , க்ட் சுல்தான் இஸ்மாயில் , ஊழல் தரகு , ஜோஹோர் பாரு மாஜிஸ்திரேட் நீதிமன்றம் , அரச மலேசியன் கடற்படை , மலேசியன் எதிர்ப்பு ஊழல் தரகு , ஜோஹோர் பாரு மாஜிஸ்திரேட் ,

MACC detains RMN Logistics Branch head over false claim

MACC detains RMN Logistics Branch head over false claim
07 Apr 2021 / 16:50 H.
Pix for representational purpose only.
JOHOR BAHRU: The Johor state Malaysian Anti-Corruption Commission (MACC) has nabbed a Royal Malaysian Navy Logistics Branch head today to facilitate investigations over alleged false claim amounting to RM24,250.
According to a source, the 36-year-old man who serves as Logistics Branch head of the Sungai Lunchoo RMN Reserve Base was arrested at Johor MACC office at about 10am.
The source said investigation found the man abetted and validated the government order and submitted the claim for printing paper bags and banners for KD Sultan Ismail, Tanjung Pengelih RMN Cadet Training Centre, Pengerang near Kota Tinggi amounting to RM24,250 when the supply was not made. ....

Kota Tinggi , Tanjung Pengelih , Johor Bahru , Sungai Lunchoo , Kd Sultan Ismail , Cadet Training Centre , Logistics Branch , Corruption Commission , Royal Malaysian Navy Logistics Branch , Johor Bahru Magistrate Court , Malaysian Anti Corruption Commission , Training Centre , Datuk Azmi Alias , Johor Bahru Magistrate , கோட்டா டிங்கி , ஜோஹோர் பஹ்ரு , க்ட் சுல்தான் இஸ்மாயில் , கேடட் பயிற்சி மையம் , தளவாடங்கள் கிளை , ஊழல் தரகு , அரச மலேசியன் கடற்படை தளவாடங்கள் கிளை , ஜோஹோர் பஹ்ரு மாஜிஸ்திரேட் நீதிமன்றம் , மலேசியன் எதிர்ப்பு ஊழல் தரகு , பயிற்சி மையம் , ஜோஹோர் பஹ்ரு மாஜிஸ்திரேட் ,