KUALA LUMPUR (July 18): JAKS Resources Bhd obtained an ad interim order at the High Court yesterday to restrain two financial institutions from releasing the group’s RM50 million bank guarantee to Star Media Group Bhd.
KUALA LUMPUR (March 16): JAKS Resources Bhd (pictured) saw its shares fall as much as 8.
KUALA LUMPUR (March 15): JAKS Resources Bhd fell 5.
KUALA LUMPUR (March 15): JAKS Resources Bhd, in a dispute with Star Media Group Bhd over the completion and delivery of a property project in Section 13, Petaling Jaya, could end up paying RM50 million in a worst-case scenario, Affin Hwang Investment Bank Bhd said, which would have a negative impact of RM25.
KUALA LUMPUR (March 8): Star Media Group Bhd has dismissed a letter from JAKS Resources Bhd as being a notice of arbitration.
KUALA LUMPUR (March 8): JAKS Resources Bhd gained 0.
KUALA LUMPUR (March 8): JAKS Resources Bhd (pictured) has agreed to complete Tower A of the Pacific Star project in Petaling Jaya by June 30 as demanded by Star Media Group Bhd.
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.
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