JAKS Resources Bhd (KL:JAKS) on Wednesday said it has agreed to pay RM5 million cash to Star Media Group Bhd (KL:STAR) to settle their legal dispute over the development of a parcel of land in Section 13, Petaling Jaya.
Noteworthy:
October 2024
Bank Negara Malaysia (BNM) has kept the overnight policy rate (OPR) unchanged at 3% as widely expected as it noted the continued expansion of the global economy and the sustained strength of domestic economic activities with inflation remaining "modest".
As Malaysia's technology landscape matures, it's becoming a prime target for global tech giants like Google, Microsoft, and Nvidia. Each of these industry leaders is racing to find the best spot to establish a data centre in our country, recognising its strategic potential as a regional tech hub. But where are these computing quarters located in Malaysia?
Paragon Platinum Sdn Bhd, a wholly owned subsidiary of Paragon Globe Bhd (KL:PGLOBE), commenced construction of its Desa 27 industrial development in Desa Cemerlang, Johor Bahru, last Saturday (Nov 2).
The Employees Provident Fund (EPF) has set aside a provision of RM24 million following an accounting adjustment at its Battersea joint venture (JV) firm.
Construction player Gagasan Nadi Cergas Bhd (KL:NADIBHD) is buying two companies for RM185 million, cash, to gain control of Konsortium PAE Sepakat Sdn Bhd (KPSSB), which owns a facility management concession for student hostel facilities in seven polytechnic campuses.
IOI Corp Bhd (KL:IOICORP) said on Tuesday it has allocated part of its aged plantation landbank in Johor to build a solar power plant, in a move to venture into the renewable energy sector.
Noteworthy:
When: June 2024
The two-year contract will commence in December, said TCS, adding that it will fund the works via internally generated funds and borrowings.
The only property app you need. More than 200,000
sale/rent listings and daily property news.
