This way, please: Malaysian firm proposes peninsular short cut

Article Abstract:

Malaysian firm East West Bridge Corp. has proposed the construction of a land bridge between Penang and Songkhla that would allow ships to unload at one end and reload at the other, saving the time of navigating the Strait of Malacca. The strait sees 3,000 ships a day, and many collisions. Malaysia usually has to pay to keep the strait in working order, despite the fact that most boats on the water do not dock in Malaysia. The bridge has the support of the Malaysian prime minister, but is still in the idea-stage.

Freight Transportation, Freight transportation industry, Malaysia, Transportation policy, Traffic, Intermodal transportation, Strait of Malacca

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Thanks anyway: a surprise turn for Malaysian airport contract

Article Abstract:

Pernas Precision Engineering & Construction's remarkable victory in bidding for a contract to build the new Kuala Lumpur airport has ended with the firm being bought out by Datuk Yahaya Ahmad's Gadek Group. Pernas's engineering arm, known as Perspec, is the second such sale made under political pressure under a program to benefit ethnic Malays. The transfer follows a critical column by the well-connected editor-in-chief of the 'New Straits Times,' Abdul Kadir Jasin. A management buyout of Pernas could follow.

Construction industry, Mergers, acquisitions and divestments, Pernas Precision Engineering and Construction, Gadek Group

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Bloodied ties: Malaysian canning giant threatened by family spat

Article Abstract:

The family that operates Malaysian canning titan Kian Joo Can Factory has gone to court with two proposals for divesting most or all of their controlling interest. See Boon Tay founded the company, and his sons See Teow Chuan and Anthony See Teow Guan helped him develop it, using skills many analysts laud. Anthony See now leads 10 other heirs of Boon Tay in an effort to wind up Kian Joo Holdings and distribute its assets. Teow Chuan wants to sell the family's 37% stake in Kian Joo and distribute the proceeds.

Preserved Fruits and Vegetables, Canned Foods, Fruit and Vegetable Canning, Pickling, and Drying, Management, Vietnam, Canned foods industry, Canning industry, Kian Joo Can Factory Bhd.

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