KUALA LUMPUR (Feb 13): GDB Holdings Bhd’s legal actions against Damai City Sdn Bhd (DCSB) and KSK Land Sdn Bhd over the 8 Conlay project disputes have been put back on hold for three months. This was after the court granted the pair (DCSB and KSK Land) and their parent KSK Group Bhd, another restraining…
Read MoreKUALA LUMPUR (Feb 13): Kumpulan Kitacon Bhd has secured a contract to build 182 terrace houses in the Selangor Cyber Valley for RM65.43 million. According to a bourse filing on Tuesday, Kumpulan Kitacon’s wholly-owned unit Kitacon Sdn Bhd received the letter of award from Worldwide Holdings Bhd. The contract entails main building works of 182…
Read MoreKUALA LUMPUR (Feb 13): Ireka Corp Bhd said RHB Bank Bhd has filed a lawsuit against the company, claiming RM6.53 million over an alleged default in a revolving credit facility. In a filing with Bursa Malaysia on Tuesday, Ireka said the bank had granted the revolving credit facility of RM6.5 million in 2015 and 2017…
Read MoreProperty developers have been advised to take into account new demands from buyers when launching new projects. (Bernama pic) PETALING JAYA: Property developers have been advised to conduct feasibility studies before they launch new projects to ensure that they meet purchasers’ requirements. For instance, many now consider a good location and proximity to conveniences such…
Read MoreKUALA LUMPUR (Feb 13): The construction works for the East Coast Rail Link (ECRL) project near Desa Melor, Serendah have taken into consideration minimal impact and comply with guidelines and conditions, according to Malaysia Rail Link Sdn Bhd (MRL). MRL, as the owner of the ECRL project, in a statement on Friday concerning a news portal report…
Read MoreKUALA LUMPUR (Feb 13): Berjaya Assets Bhd (BAssets) had been disposing of its shares in its major shareholder Berjaya Corp Bhd (BCorp) from last August to this month, to the tune of 0.48% of BCorp’s share base, for RM8.24 million cash. According to a Bursa filing on Friday, BAssets’s wholly owned unit Berjaya Bright Sdn…
Read MoreKUALA LUMPUR (Feb 13): Ekovest Bhd has obtained approval from the Employees Provident Fund (EPF) an extension of up to two years to facilitate and implement exit plan for the company from its investment in Konsortium Lebuhraya Utara-Timur (KL) Sdn Bhd, the concessionaire of Duke highway. According to its Bursa filing on Tuesday, Ekovest was…
Read MoreKUALA LUMPUR (Feb 9): RHB Retail Research said Gabungan AQRS Bhd is set to rebound higher above the 35 sen breakout level on stronger trading volume, following the recent pullback. In a trading stocks note on Friday, the research house said that the bullish bias above that level may see the stock climb towards the…
Read MoreKUALA LUMPUR (Feb 9): Tuju Setia Bhd, a construction group, has appointed Tee Huei Tsyr as its new chief executive officer and Seon Yen Kong as its new chief operating officer (COO). In a statement on Friday, the group said Tee has been with Tuju Setia since 2011, backed by more than 22 years of…
Read MoreApollo interacted with the crowd, fostering a sense of happiness and engagement throughout the event. SUBANG JAYA: Avaland recently concluded its community-driven green initiative, the Rev Up campaign, with great success, promoting eco-friendly practices by generously providing environmentally conscious Electric Vehicles (EVs) to fortunate homeowners and underscoring Avaland’s steadfast dedication to sustainability. The campaign, which spanned…
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