News about Kerjaya Prospek

Kerjaya’s construction division is primarily involved in the building of high-rise residential and commercial buildings for premium developer clients in Malaysia.

In a filing with Bursa Malaysia on Friday, Kerjaya Prospek said its wholly-owned subsidiary, Kerjaya Prospek (M) Sdn Bhd (KP), has served a writ of summons and statement of claim to Yong Tai and Datuk Boo Kuang Loon.

Kerjaya Prospek has secured RM1.

According to the group's latest annual report, Joanne Lee Sor Phaik was appointed to the position on July 13, 2023.

Year-to-date, Kerjaya Prospek has won contracts worth RM1.

Yong Tai contends that the claims by Kerjaya Prospek are without merit, arguing that Kerjaya Prospek breached fundamental terms of the contract by failing to complete the work on time and not adhering to the specified scope of work.

In a filing with Bursa Malaysia on Thursday, Kerjaya Prospek said its wholly-owned subsidiary Kerjaya Prospek (M) Sdn Bhd (KP) has filed a writ of summons and statement of claim against Apple 99 for failing to pay the outstanding residual contract sum of RM105.

This contract is deemed as a recurrent related party transaction, as Datuk Tee Eng Ho, the non-independent non-executive chairman and major shareholder of Kerjaya Prospek, also serves as the executive chairman and major shareholder of Eastern & Oriental Bhd.

In a note on Friday, the research house said Kerjaya’s current outstanding order book stands at RM4.

The house estimated Kerjaya Prospek’s outstanding order book to be at RM4.