8 Conlay dispute referred to arbitration following GDB’s RM102m claim against project owner KSK Land
The arbitration notice was filed in response to GDBSB’s notice of demand amounting to RM102.
KSK Land terminates main contractor GDB from 8 Conlay project
According to a press statement, the contract between DCSB and GDBSB was terminated due to a failure to achieve agreeable solutions to various disputes relating to construction site matters over a period of the last nine months.
GDB to defend against ‘wrongful’ termination notice from 8 Conlay project
In a statement on Wednesday (April 19), the construction services firm said that the purported determination is wrongful as the mandatory contractual procedures and notices prior to the determination have not been complied with.
GDB to resume work on 8 Conlay after receiving partial payment from KSK Land unit
GDB said it would resume façade work on Tower A, and that full work on the project will resume in early April 2023, provided Damai City meets the agreed terms and settles the outstanding amounts as scheduled.
KSK Land tops out first tower of YOO8 branded residences at 8 Conlay
KUALA LUMPUR (Nov 18): KSK Land, a wholly-owned subsidiary of KSK Group Bhd, has topped out the first tower (Tower A) of YOO8 branded residences serviced by Kempinski today.
GDB 4Q net profit up 7% to RM8.54m, declares one sen dividend
KUALA LUMPUR (Feb 26): Construction services firm GDB Holdings Bhd's net profit for the fourth quarter ended Dec 31, 2020 rose 7.
KSK Land granted RM650m syndicated financing for 8 Conlay Kempinski Hotel & Residences
KUALA LUMPUR (Dec 21): KSK Land, the property division of KSK Group Bhd, has obtained a RM650 million syndicated facility from Malayan Banking Bhd (Maybank) and Bank Pembangunan Malaysia Bhd (BPMB) for the completion of 8 Conlay Kempinski Hotel & Residences (Tower C), part of the 8 Conlay integrated development.
GDB executes LoI for RM1.25b job to complete 8 Conlay luxury project in KL
KUALA LUMPUR (Oct 26): GDB Holdings Bhd has executed a letter of intent (LoI) concerning the receipt of a RM1.
KSK Land to fund over RM1m for F&B SMEs with Platter Accelerator programme
KUALA LUMPUR (Aug 6): Property developer KSK Group Bhd's unit KSK Land Sdn Bhd plans to fund over RM1 million for small and medium enterprises (SMEs) within the food and beverage (F&B) sector with the launch of its Platter Accelerator programme.
