News about Sarawak

BPMB said the financing was evaluated using its Measuring Impact on National Development framework, which checks alignment with the 12th Malaysia Plan and ESG goals.

The action comes two weeks after Abu Bekir himself sued Cahya Mata for allegedly being denied access to the company’s accounts despite his position as a director.

Deputy chairman Datuk Seri Mahmud Abu Bekir Taib filed the suit at the High Court in Kuching.

EXAL Group has joined forces with Solarvest to integrate cutting-edge rooftop solar PV systems and green EV charging infrastructures into their developments.

The approval from Bursa Malaysia comes at a time when “we are ready to take advantage of the vast development opportunities in Malaysia’s construction industry especially in Sarawak”, the construction firm said in a statement.

For the fourth quarter ended Dec 31, 2024 (4QFY2024), the group’s net profit soared 85.

Its property development segment had returned to black, with an operating profit of RM18.

Additionally, SCIB is seeking a court order to compel Awana to discharge SCIB as the corporate guarantor for the loan facility within 30 days from the date of judgment.

“By reason of the breach of the master agreement by Vienna Advantage, Cahya Mata IT has suffered losses and damages.

Following the lapse of the SA, SCIB said Awana must acknowledge a total indebtedness of RM19.