MMC Corporation Bhd and its partner in the Klang Valley Mass Rapid Transit (KVMRT) project are being sued for over RM300 million for an alleged breach of contract relating to a land acquisition for the project.
In a joint statement today, the Land Public Transport Commission (SPAD) and Singapore’s Land Transport Authority (LTA) said these companies and consortia come from across the HSR value chain and include entities based in Malaysia, Singapore, Asia-Pacific, Europe, the Middle East and North America.
Selangor Properties recorded a 4.96% increase in revenue to RM24.76 million in 3QFY15 compared to RM23.59 million in 3QFY14.
Acknowledging the soft property market, Asian Pac's managing director Datuk Mustapha Buang said the company is looking to launch its condominium project Damansara 8 @ Damansara Damai, a mixed-development project in Kepong and 30 units of shop offices in Phase 2 of Dataran Larkin in Johor, in financial year 2016 ending March 31, 2016 (FY16).
Bina Puri to submit papers for tender process next year
Magna Prima was named the first defendant and Embassy Court, the second defendant
The only property app you need. More than 200,000 sale/rent listings and daily property news.
