The Edge

KUALA LUMPUR (July 15): Here is a brief recap of some business news and corporate announcements that made the headlines on Wednesday:  A consortium including Sunway Bhd’s (KL:SUNWAY) Singapore unit, Sunway MCL Ltd, has emerged as the top bidder for Singapore's Bayshore Drive government land sales site with a bid of S$2.1 billion (RM6.62 billion).

KUALA LUMPUR (July 15): Widad Group Bhd (KL:WIDAD) has appointed the son of founder and controlling shareholder Tan Sri Muhammad Ikmal Opat to its board as executive director. In a bourse filing, the construction and integrated facility management group said Isyraf Widad, 31, assumed the role with immediate effect. He has served as executive direc

KUALA LUMPUR (July 15): Sime Darby Property Bhd (KL:SIMEPROP) and its sister company SD Guthrie Bhd (KL:SDG) are moving forward with their joint venture (JV) to develop a mega industrial and logistics corridor in Kuala Selangor with the injection of 1,021.93 acres of land in Bukit Kerayong Estate, Kapar. Their 50:50 joint venture vehicle, Kerayong

（吉隆坡15日讯）金务大（Gamuda Bhd）（KL:GAMUDA）周三指出，联营公司已签署一项为期40年的协议，透过霹雳北部供水计划（NPWSS）把霹雳北部的净水供应至槟城。 这项大宗净水供应协议由Khazanah Air Perak私人有限公司（KAP）独资子公司Prasarana Air dan Irigasi Perak私人有限公司（PAIP Perak）与槟城供水机构（PBAPP）签署，以出售及购买该项目多余原水处理后的净水。 KAP是金务大与霹雳州发展机构（PKNPk）以50:50组成的联营公司，而槟城供水机构是槟城供水控股（PBA Holdings Bhd）（KL:PBA）的独资子公司。

KUALA LUMPUR (July 15): The proposed constitutional amendment to limit the tenure of a prime minister will not be retabled during the current parliamentary sitting, despite earlier assurances by the government that it would be brought back after its defeat in March. "No, Parliament will not debate and vote on the prime minister term limit bill in

（吉隆坡15日讯）由双威MCL（Sunway MCL Ltd）组成的财团以21亿新元（66亿2000万令吉），成为新加坡碧湾通道（Bayshore Drive）政府售地（GLS）地段出价最高的竞标者。 由星狮地产（Frasers Property Ltd）领军的财团，成员还包括星狮地产信托（Frasers Centrepoint Trust）、积水住宅株式会社（Sekisui House）及林增建筑（Lum Chang Building Contractors）。 星狮地产在文告中指出，该财团的出价为每平方英尺1323新元，较第二高出5.8%。

KUALA LUMPUR (July 15): Gamuda Bhd (KL:GAMUDA) said on Wednesday its joint venture company has signed a 40-year agreement to supply treated water from northern Perak to Penang under the Northern Perak Water Supply Scheme (NPWSS). The bulk water supply agreement was signed between Khazanah Air Perak Sdn Bhd's (KAP) wholly-owned unit, Prasarana Air

PUTRAJAYA (July 15): The appellate court on Wednesday overturned a lower court's verdict that had awarded additional liquidated ascertained damages or LAD for the late delivery of vacant possession (VP), ruling that the purchasers had already signed settlement letters. Allowing the appeal filed by property developer Ekovest Capital Sdn Bhd, the th