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.
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.
GDB lands RM247m contract to design and build logistic hub
The company said GDBSB would undertake these works for a two-storey ramped-up warehouse with the mezzanine level at each floor, a staff cafeteria facility, a show gallery, security guardhouses, a refuse chamber and an electrical substation.
GDB unit sues KSK Land to recover RM120.69 mil owed
GDB's wholly owned Grand Dynamic Builders Sdn Bhd filed the writ of summons and statement of claim to initiate the suit at the High Court here on Thursday (Oct 6).
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.
HLIB Research starts coverage of GDB, with target price at RM1.37
KUALA LUMPUR (Jan 18): Hong Leong Investment Bank (HLIB) Research has initiated coverage of GDB Holdings Bhd at 98.
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.
GDB 1Q net profit drops 18.7% to RM5.72m on higher expenses
KUALA LUMPUR (June 19): GDB Holdings Bhd's net profit for the first quarter ended March 31, 2020 (1QFY20) fell 18.
