AZRB confirms formal withdrawal of winding-up petition by UEM Edgenta
AZSB is to pay the monthly instalments to EPB from March 31, 2023 to Jan 31, 2024, together with interest from the original date of payment stated in a consent judgement.
EcoFirst logs higher 2Q revenue but net loss widens as finance costs jump
The group’s revenue rose 38% to RM5.
UEM Edgenta drops winding-up petition against Ahmad Zaki Resources’ unit
AZSB is to pay the monthly instalments to UEM Edgenta’s wholly owned Edgenta Propel Bhd (EPB) from March 31, 2023, to Jan 31, 2024, together with interest from the original date of payment stated in a consent judgement.
Perak Transit accepts extended agreement to provide construction services to another edotco unit
At the time, Perak Transit said the agreement was in line with its strategy to pursue new opportunities to increase its revenue stream, and to diversify its earnings base and reduce dependency on its existing business.
SCIB withdraws from 'long-delayed' JB hospital project
The group had issued a letter of withdrawal to Kencana Healthcare Sdn Bhd, and it was accepted on Thursday (Jan 26), said SCIB in a statement on Friday.
Contractors should focus on industrial properties and data centre jobs, says RHB IB
In a research note on Friday (Jan 27), RHB stated that the new Budget 2023 could see a downward revision or reallocation of the previously budgeted RM95 billion development expenditure, while the sizeable Borneo block n the unity government will have positive implications for higher revised expenditure for Sarawak and Sabah.
MQ Technology to diversify into property development
The group said its wholly-owned unit Star Acres Sdn Bhd is planning to acquire 7.
Malvest launches another development in Kelantan, Arika @ Kubang Kerian
Arika will have 668 units of “various practical layouts available to promote a lively community”, and 26 commercial units.
Penang’s proposed short-term rental accommodation guidelines detrimental to tourism economy and growth, says Airbnb
“The current guidelines proposed by the Penang government in July 2022 pose severe constraints on domestic and international travel to Penang; and will be detrimental to the state’s tourism industry and long-term economic growth.
Apex court rules sensitive hill top or hill slope development projects need National Physical Planning Council approval
Judge Datuk Nallini Pathmanathan, who wrote the unanimous decision, ruled Section 22(2A) said the development affecting hill tops or hill slopes are no longer merely an issue of local state governance.
