According to AZRB's bourse filing, Giga Engineering is claiming that its wholly owned Ahmad Zaki Sdn Bhd (AZSB) had failed to settle the sum, which led to the initiation of the winding-up proceedings.
Ang said the initiative fits the group’s mission of building sustainable, liveable townships that go beyond physical development.
The hearing of the petition has been fixed for Sept 8, 2025.
28 Mont’Kiara, Kuala Lumpur condo unit sold for RM1.
28 Mont’Kiara, Kuala Lumpur condo unit sold for RM1.
The bid-rigging involved six tenders for maintenance works in Putrajaya, including amenity trees, main drains, gross pollutant traps and retention systems across various precincts.
Residents will be near the township’s 300-acre Central Park and the 2,700-acre Bukit Cherakah Forest Reserve.
The property developer, originally set up in 2013 to focus on foreign projects, in May proposed to change its name after announcing a planned pivot to the Malaysian market.
The decision was made after considering the prevailing market conditions and that focusing on the capital reduction would better serve the company’s immediate objectives and streamline the regulatory process, Ecobuilt said in a bourse filing on Wednesday.
The power-hungry facilities will be placed under a new “ultra-high voltage” category with average tariffs of about 60 sen per kilowatt-hour, according to the analysts who attended an investor briefing by Tenaga Nasional Bhd KUALA LUMPUR (July 2): Data centres in Malaysia may see their electricity bills rise by up to 15% under the new power tariff structure, analysts said.
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