ASM Development countersues Econpile for almost RM346m

KUALA LUMPUR (Dec 23): Property developer ASM Development (KL) Sdn Bhd (ASMDKL), a unit of Maju Holdings Sdn Bhd, has countersued Econpile Sdn Bhd, a subsidiary of Econpile Holdings Bhd, for almost RM346 million for its failure to carry out work at its Maju Kuala Lumpur project, in response to a suit filed by the construction contractor in March this year.

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Nasir to depart from EPF — source

KUALA LUMPUR (Dec 17): Employee Provident Fund's (EPF) deputy chief executive officer (Investment) Datuk Mohamad Nasir Ab Latif (pictured) will be retiring from his position upon the expiry of his contract at the end of this month, a source confirmed.

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