Jade Marvel says MD resigns because of ‘other personal commitments’, posts bigger 3Q loss
Chong, 35, was appointed as executive director of the company on Sept 7, 2022 and was subsequently redesignated as joint managing director on Nov 21, 2022.
Chong, 35, was appointed as executive director of the company on Sept 7, 2022 and was subsequently redesignated as joint managing director on Nov 21, 2022.
Penang Development Corp (PDC) has called for a request for proposal (RFP) from experienced companies to co-develop the Batu Kawan Industrial Park 2 (BKIP2), following the termination of the controversial joint development agreement (JDA) with Umech Land Sdn Bhd in October last year.
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.
KLCCP Stapled Group’s net profit rose 37.6% to RM384.59 million for the fourth quarter ended Dec 31, 2023 (4QFY2023), from RM279.47 million a year ago, primarily contributed by improvement in the hotel and retail segments, while the office segment remained stable.
YTL Hospitality REIT (YTL REIT) is acquiring Syeun Hotel in Ipoh, Perak, for RM55 million cash, as it looks to continuously acquire and invest in high-quality hospitality properties in Malaysia and internationally, with a view to providing long-term and sustainable income distribution to unitholders and achieving long-term growth in net asset value per unit.
Bina Puri Holdings Bhd said it was hit with a winding-up petition by an indirect subsidiary of YTL Corp Bhd, for an alleged unsettled amount of RM1.74 million.
Scientex said its wholly-owned subsidiary Scientex Heights Sdn Bhd has entered into a conditional sale and purchase agreement with Singapore-incorporated Guan Hong Plantation Pte Ltd for the proposed acquisition.
Jiankun International Bhd’s wholly owned unit JKI Development Sdn Bhd (JKID) has been hit with another lawsuit by a former joint venture (JV) partner Fivestar Development (Puchong) Sdn Bhd, demanding RM14.21 million in alleged unpaid sums.
Avillion and 23 of its subsidiaries were listed among the 71 assets in the MACC charge sheet in its case against Daim.
Ahmad Zaki Sdn Bhd (AZSB), a wholly-owned subsidiary of engineering and construction group Ahmad Zaki Resources Bhd (AZRB), has been served with a winding-up petition by Sukiada Engineering Sdn Bhd (SESB) for allegedly failing to settle an outstanding amount of RM168,115.25 excluding interest as at June 30, 2023.