EcoFirst alleges conspiracy in award of now-terminated contract to Kerjaya Prospek
After the termination, Kerjaya Prospek filed a lawsuit against EcoFirst’s wholly-owned unit, BCM Holdings Sdn Bhd, claiming RM20 million in termination damages.
After the termination, Kerjaya Prospek filed a lawsuit against EcoFirst’s wholly-owned unit, BCM Holdings Sdn Bhd, claiming RM20 million in termination damages.
The contract involves earthworks and main infrastructure works at the proposed township development located in the Pulai district, Nestcon said in an exchange filing.
A memorandum of understanding (MoU) was also signed between EcoWorld and GoldenHome Living Co Ltd to establish a strategic partnership in providing furniture such as kitchen cabinets, wardrobes and innovative product packages for EcoWorld’s residential, commercial and industrial developments.
The German Technology Park aims to attract German investment into Melaka and strengthen Malaysia-Germany economic ties across industrial developments, including industrial bungalow lots, semi-detached factories, shop offices and centralised labour quarters.
Epicon (formerly known as Konsortium Transnational Bhd) said its unit Transnational Builder Sdn Bhd had received the LOA from Syarikat Majuperak Bhd for the main building works of 601 units of single storey terrace houses and four units of electrical substations in Sungai Terap, Perak.
The group’s Iskandar Malaysia projects outperformed strongly with RM723 million sales achieved, representing 57% of total year-to-date sales.
Following the distribution of RM144 million dividend during the first quarter of FY2024, the group still has a net cash balance of RM211 million as at Jan 31, 2024.
Kelington chief executive officer Raymond Gan said the parcel of land’s convenient proximity to the group’s LCO2 manufacturing plant will streamline operations in the future.
He now holds a deemed stake of 850.
“We are also constrained in making any single project announcement which jeopardises our position with our competitors and clients by disclosing the exact contract value for each individual project.