Latest news with #THP
Malaysiakini
5 days ago
- Business
- Malaysiakini
TH Plantations CEO on garden leave, CFO resigns over RM5m payouts
TH Plantations Bhd (THP) CEO Mohamed Zainurin Mohamed Zain and CFO Marliyana Omar have been served with show cause letters, relating to alleged unauthorised payments of RM5.1 million made to plantation workers. Zainurin has also been placed on garden leave commencing from the date of issuance of the show cause letter until further notice, the group said in a filing with Bursa Malaysia today.
Malaysiakini
5 days ago
- Business
- Malaysiakini
TH Plantations CEO on garden leave, CFO resigns over RM5m payouts
TH Plantations Bhd (THP) CEO Mohamed Zainurin Mohamed Zain and CFO Marliyana Omar have been served with show cause letters, relating to alleged unauthorised payments of RM5.1 million made to plantation workers. Zainurin has also been placed on garden leave commencing from the date of issuance of the show cause letter until further notice, the group said in a filing with Bursa Malaysia today.
Sinar Daily
5 days ago
- Business
- Sinar Daily
TH Plantations CEO put on garden leave, CFO resigns over RM5 million payouts
In the interim, the functions of the CEO shall be assumed by a temporary board committee of THP, until further notice. 18 Jul 2025 08:59pm TH Plantations Bhd CEO Mohamed Zainurin Mohamed Zain and CFO Marliyana Omar have been served with show cause letters, relating to alleged unauthorised payments of RM5.1 million made to plantation workers. KUALA LUMPUR - TH Plantations Bhd (THP) chief executive officer (CEO) Mohamed Zainurin Mohamed Zain and chief financial officer (CFO) Marliyana Omar have been served with show cause letters, relating to alleged unauthorised payments of RM5.1 million made to plantation workers. The CEO has also been placed on garden leave commencing from the date of issuance of the show cause letter until further notice, the group said in a filing with Bursa Malaysia today. Marliyana, however, has chosen to tender her resignation with immediate effect, it added. "The company shall continue its business as usual. In the interim, the functions of the CEO shall be assumed by a temporary board committee known as the board executive committee (board exco) of THP, until further notice,' it said. The composition of the board exco consists of THP chairman Datuk Dr Ahmad Kushairi Din, THP independent non-executive director Kasmuri Sukardi, non-independent non-executive director Nor Adila Ismail and chief operating officer Alikamal Abu Hassan. - BERNAMA
Business Upturn
11-07-2025
- Business
- Business Upturn
ED+PCL Healthcare Partners Reach Financial Close on The Peter Gilgan Mississauga Hospital and Shah Family Hospital for Women and Children
By GlobeNewswire Published on July 11, 2025, 20:41 IST Mississauga, ON, July 11, 2025 (GLOBE NEWSWIRE) — EllisDon and PCL Construction (ED+PCL Healthcare Partners), with equity partners Fengate Asset Management and Plenary Americas, have reached Financial Close on The Peter Gilgan Mississauga Hospital and Shah Family Hospital for Women and Children – the largest hospital project in Canada's history. This milestone, achieved under a Development Phase Agreement (DPA) with Infrastructure Ontario (IO) and Trillium Health Partners (THP), is an important step toward the construction of a state-of-the-art hospital campus that will serve Mississauga and surrounding areas. The development is vital for THP, which is already one of the largest community-based hospital systems in Canada – serving 1.7 million patients yearly – with demand expected to grow by nearly seven times more than the average hospital in Ontario over the next 20 years. The Trillium M Project Consortium General Partnership, led by ED+PCL Healthcare Partners, was selected by IO and THP to design, build, finance, and maintain the new hospital. The consortium is comprised of: Proponent Lead, Developer and Financial Advisor: EllisDon Capital and PCL Investments Equity Providers: Fengate Asset Management, Plenary Americas, EllisDon Capital and PCL Investments Construction Prime Team Member: a joint venture featuring EllisDon and PCL Constructors Canada Inc. (ED+PCL Healthcare Partners) Facilities Management Prime Team Member: EllisDon Facilities Services Design Prime Team Members and Architects: Parkin Architects Ltd., Adamson Associates Architects and Jodoin Lamarre Pratte Architectes Inc. Structural Consultant: Stephenson Engineering Inc. and Read Jones Christoffersen Ltd. Mechanical Consultant: H.H. Angus & Associates Limited Consulting Engineers and Smith+Andersen Electrical and ICAT Systems Consultant: Mulvey & Banani International Inc. and Smith+Andersen At 22 storeys, the new 2.8 million square foot facility will replace the existing Mississauga Hospital and allow THP to service the evolving healthcare needs of the surrounding community. The space will feature: Ontario's first women and children hospital Over 950 beds Modern hospital facilities and technology that reflect the latest standards in infection prevention and control Advanced diagnostic imaging facilities New pharmacy and clinical laboratory A new and expanded emergency department set to be one of the largest in Canada Two levels of underground parking (not counted in the 2.8 million square feet of hospital space) With major preparatory work, including utilities and road realignment, completed on site during the DPA stage of the project, construction of the new hospital is set to commence in Summer 2025. It will transform the site ahead of the targeted April 2033 substantial completion date. For more information about The Peter Gilgan Mississauga Hospital and Shah Family Hospital for Women and Children: or Quotes 'The Peter Gilgan Mississauga Hospital and Shah Family Hospital for Women and Children is an important development in healthcare for one of Canada's fastest growing communities. We believe this collaboration between ED+PCL Healthcare Partners, IO, and THP will create exceptional value for all stakeholders.' – Joey Comeau, Chief Operating Officer and Executive Vice President, Capital at EllisDon 'Financial Close marks a pivotal milestone in realizing The Peter Gilgan Mississauga Hospital and Shah Family Hospital for Women and Children. This achievement reflects the extraordinary efforts and dedication of all project partners. ED+PCL Healthcare Partners extends its congratulations and sincere appreciation to everyone who contributed to this remarkable accomplishment – their efforts have laid the foundation for a world-class healthcare facility that will serve the community for generations to come.' – Andrew Anderson, Senior Vice President & Area Manager, Toronto, EllisDon 'This milestone is an exciting step in Trillium Health Partners' journey, reflecting the shared vision and collaboration among ED+PCL Healthcare Partners, IO, THP and our dedicated design and trade partners. Together, we are proud to build a better future in support of Trillium Health Partners' mission of creating a new standard for patient care in Mississauga.' – Geoff Howe, Senior Vice President and District Manager at PCL Constructors Canada Inc. 'Fengate is honoured to partner with EllisDon, PCL, Plenary Americas and the entire consortium to realize the vision for the Peter Gilgan Mississauga Hospital and Shah Family Hospital for Women and Children. We look forward to working shoulder-to-shoulder with Infrastructure Ontario and Trillium Health Partners to bring Canada's largest hospital to Mississauga.' – George Theodoropoulos, Managing Partner, Fengate Asset Management 'Plenary Americas is proud to join PCL, EllisDon and Fengate in delivering The Peter Gilgan Mississauga Hospital and Shah Family Hospital for Women and Children. We look forward to collaborating with Infrastructure Ontario and Trillium Health Partners on this ambitious and transformative health care project.' – Brian Budden, President & CEO of Plenary Americas 'The Peter Gilgan Mississauga Hospital and the Shah Family Hospital for Women and Children will serve as state-of-the-art hubs for advanced, digitally connected care – seamlessly linked across the health system, from family doctors to home and long-term care – to put people at the centre. Through deep collaboration and shared purpose between THP, IO and ED+PCL Healthcare Partners, we are prioritizing the patient and provider experience while maximizing efficiency and cost effectiveness.' – Karli Farrow, President and CEO, Trillium Health Partners. – 30 – Media Contact Dustin Luchka Vice President, Marketing & Communications [email protected] About EllisDon Corporation EllisDon is an employee-owned global construction services and technology company with a purpose to redefine the construction industry. EllisDon is focused on innovation and sustainability while delivering the future of construction by empowering people to push beyond traditional construction boundaries. With thousands of salaried and hourly employees across fifteen national and international offices, EllisDon has become a leader in every sector and nearly every facet of the construction industry. For more information, please visit About PCL Construction PCL is a group of independent construction companies that operates throughout Canada, the United States, the Caribbean and Australia. As one of the largest contracting organizations in North America, PCL completes more than $11 billion CAD in work annually, building projects that shape communities. The company's 100% employee ownership model fuels a culture of commitment for clients in the buildings, civil infrastructure, heavy industrial and solar markets. With a strategic presence in more than 30 major centers, PCL's leadership teams consistently drive innovation and set new benchmarks for excellence, bringing unparalleled skill to every project. Watch us build at About Fengate Asset Management Fengate is a leading alternative investment manager focused on infrastructure, private equity and real estate strategies, with more than $10 billion of capital commitments under management. The firm has been investing in infrastructure since 2006 with a focus on mid- market greenfield and brownfield infrastructure assets in the transportation, social, energy transition and digital sectors. Fengate is one of North America's most active infrastructure investors and developers with a portfolio of more than 50 assets. Learn more at About Plenary Americas Plenary Americas is a leading specialized developer of long-term partnership projects across Canada, the United States, and the Caribbean, with a portfolio of 60 projects in the health, transportation, defence, justice, education, energy, and government accommodation sectors. With an uncompromising focus on lifecycle performance, Plenary engages in the entire spectrum of project evolution, including financing, planning, design, construction, complementary commercial development, and asset management operations. This comprehensive approach underscores our commitment to excellence at every phase of a project. For more information, visit Attachment Rendering of The Peter Gilgan Mississauga Hospital and Shah Family Hospital for Women and Children. Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.
NDTV
09-06-2025
- General
- NDTV
Plane With 20 On Board Crashes In Tennessee: US Authorities
Washington: A plane carrying 20 people crashed in the US state of Tennessee on Sunday, with some on board taken to hospital for injuries, according to state and federal officials. The Tennessee Highway Patrol said on X that its troopers were assisting police "at the scene of a plane crash on Old Shelbyville Road" in the central Coffee County. "Some have been airlifted to nearby hospitals. This is an active scene," it said, adding that more updates would follow. Happening Now: Coffee County - THP troopers are assisting @TullahomaPD at the scene of a plane crash on Old Shelbyville Road. Initial reports suggest 16–20 people were on board. Some have been airlifted to nearby hospitals. This is an active scene. Locals officials will update. — Tennessee Highway Patrol (@TNHighwayPatrol) June 8, 2025 Pictures on social media showed a small, white plane with its nose buried into the grass and its tail broken off behind it. The Federal Aviation Administration said the plane was a de Havilland Canada DHC-6 Twin Otter, and that it "crashed shortly after departing Tullahoma Regional Airport in Tennessee around 12:45 pm local time (1745 GMT) on Sunday." "Twenty people were on board. The FAA is investigating." Local media reported that the crashed plane was used for skydiving expeditions.
