KUALA LUMPUR — Tycoon Tan Sri Danny Tan Chee Sing, founder and major shareholder of Tropicana Corp Bhd with a 63.56% stake, is back at the helm of the property developer as executive vice chairman after a three-and-a-half-year hiatus. Tan, 62, had announced his retirement from the day-to-day management of…
Tag: developer
Mammoth Empire Sells Multiple Assets
Mammoth Empire Holding Sdn Bhd (MEH), developer of Empire City Damansara, an RM5 billion project launched 2011, is making moves that will raise RM800 million, enable the paring down of debts, complete long-delayed projects and take the group to sound financial-footing by the middle of 2019. At the top of…
Paramount to Launch Atwater’s RM350mil GDV Commercial Phase
PETALING JAYA — Property developer Paramount Property is set to launch the commercial component of its Atwater development, which comprises two office towers and a retail component by the end of this month. Atwater is a mixed development located at Jalan Universiti, Section 13 in Petaling Jaya. The project’s residential…
