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Central Global Continues with Proactive Business Sustainability Measures Despite Lockdown


Central Global Continues with Proactive Business Sustainability Measures Despite Lockdown
Substantial backlog of orders will keep factory busy until yearend
KUALA LUMPUR, July 23, 2021 - (ACN Newswire) - Central Global Berhad ( Central Global or Group ), a producer of industrial masking tapes and label stocks as well as general building contractor, will continue to keep a tight rein on cashflow in order to ensure business sustainability following the government s decision to lengthen the extended movement control order ( EMCO ) in certain areas of Kuala Muda, Kedah where the Group s factory is located by a further two weeks to 1 August 2021.
Central Global executive chairman Dato Faisal Zelman ....

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Central Global Bhd Signs MoU for JV to Build RM250M Kwasa Damansara Sewage Treatment Plant


Central Global Bhd Signs MoU for JV to Build RM250M Kwasa Damansara Sewage Treatment Plant
KUALA LUMPUR, June 9, 2021 - (ACN Newswire) - Main Market-listed Central Global Berhad s ( CGB) construction arm, Proventus Bina Sdn Bhd ( PBSB ), has signed a Memorandum of Understanding ( MoU ) to explore a proposed joint venture ( JV ) with Multi Scopes Sdn Bhd ( MSSB ) for a sewage treatment plant in Selangor.
CGB executive chairman Dato Faisal Zelman
The scope of the proposed JV, in which PBSB would have a 70% effective stake and MSSB an effective 30% stake, would be the engineering, procurement, construction, commissioning, operation and handover of Employees Provident Fund s wholly-owned subsidiary Kwasa Land Sdn Bhd s sewage treatment plant in Petaling Jaya, Selangor. ....

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