Dolomite Corp Bhd, which is involved in property development, construction and sand mining activities, has been ordered by the High Court here to wind up due to its failure to repay US$38.19 million (RM177.38 million) of debt.
Piling specialist Econpile Holdings Bhd has bagged a RM24.6 million contract from Berjaya Construction Bhd to undertake sub-structure work for a proposed 41-storey block of service suites in Jalan Imbi here.
PJD Link (M) signed a concession agreement with the Government on April 5 this year.
Liew was honoured for his services to successful regeneration and development projects in the UK, and for his contribution to UK-Malaysia trade and investment ties.
PJD Link also said that it would commence public engagement sessions this month to provide information and receive feedback on the highway project.
With the sale, TSR Capital is expected to record a net gain on disposal of RM6.57 million.
This is the second abandoned project that the company has taken over there.
Meanwhile, executive deputy chairman Datuk Lim Siang Chai has been redesignated as executive director.
The associations proposed for the bank guarantee requirement to be replaced by a standard bank guarantee of RM100,000 instead.
Launched in 2018 at a starting price of RM335,920, 95% of the units were sold.
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