JAKS drops with KLCI and after co says seeking arbitration
KUALA LUMPUR (March 7): Shares of builder and pipe manufacturer JAKS Resources Bhd fell as much as seven sen or 4% to RM1.
JAKS Resources seeks arbitration to resolve dispute with Star Media
KUALA LUMPUR (March 7): JAKS Resources Bhd said its 51%-owned unit JAKS Island Circle Sdn Bhd (JIC) is seeking arbitration to resolve its dispute with Star Media Group Bhd over the completion and delivery of Tower A of the Pacific Star project.
Star demands JAKS complete Tower A by June
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.
JAKS gets interim stay blocking release of bank guarantee to Star Media
KUALA LUMPUR (Feb 27): JAKS Resources Bhd’s subsidiary has obtained an interim stay, restraining two banks from releasing guarantee proceeds totalling RM50 million to Star Media Group Bhd.
The Star-JAKS PJ project dispute lies in 2010 JDA
PETALING JAYA (Feb 24): The disputed RM1.
JAKS, Star Media shares down for second straight day as injunction filed
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.
JAKS, Star Media at loggerheads over project delay
KUALA LUMPUR (Feb 21): A more than two-year delay in completing the Pacific Star Business Hub by JAKS Resources Bhd (pictured) has been cited as the reason for Star Media Group Bhd to call on a RM50 million bank guarantee for the project.
JAKS dips 2.72% on filing injunction over bank guarantee to Star Media
KUALA LUMPUR (Feb 20): JAKS Resources Bhd fell 2.
