KUALA LUMPUR (March 7): JAKS Resources Bhd said its 51%-owned unit JAKS Island Circle Sdn Bhd (JIC) is seeking arbitration to resolve its dispute with Star Media Group Bhd over the completion and delivery of Tower A of the Pacific Star project.
KUALA LUMPUR (March 2): JAKS Resources Bhd said it has received a notice of demand from Star Media Group Bhd, requiring it to complete and deliver Tower A of the Pacific Star project by end-June 2018.
PETALING JAYA (Feb 24): The disputed RM1.
KUALA LUMPUR (Feb 22): Shares in JAKS Resources Bhd continued to fall for a second straight day yesterday as the company proceeded to file an injunction with the High Court here to restrain Star Media Group Bhd from receiving the proceeds of a RM50 million bank guarantee.
KUALA LUMPUR (Feb 21): A more than two-year delay in completing the Pacific Star Business Hub by JAKS Resources Bhd (pictured) has been cited as the reason for Star Media Group Bhd to call on a RM50 million bank guarantee for the project.
KUALA LUMPUR (Feb 20): JAKS Resources Bhd fell 2.
KUALA LUMPUR (Dec 15): Jaks Resources Bhd is aligning its business portfolio after the loss-making property development venture that was hit hard by the slowdown.
KUALA LUMPUR (Oct 3): Jaks Resources Bhd is disposing of a plot of freehold industrial land in Subang Jaya for RM25.
KUALA LUMPUR (Aug 18): Jaks Resources Bhd is selling off four parcels of land to a unit of Sunway Bhd for a total cash amount of RM167.
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