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).
Purchase of Duck's holding company which appears to be owned wholly by Datin Vivy Yusof and husband Datuk Fadzarudin Shah Anuar was made same year GLICs invested RM47 mil
