8 Conlay dispute referred to arbitration following GDB’s RM102m claim against project owner KSK Land
The arbitration notice was filed in response to GDBSB’s notice of demand amounting to RM102.
ACE Holdings’ legal woes grow with new RM10m suit filed by 27 investors
They claim that since last year, they had separately tried to redeem their investments, but ACE Holdings had replied that since its operations were badly affected by the Covid-19 pandemic, payments would be delayed.
Zelan slips into PN17 status after external auditors express disclaimer of opinion
“The company is in the midst of formulating a plan to regularise its financial condition.
The REAL deal: Let’s get serious about MM2H
It’s better late than never for us to get back in the game.
Landmarks' auditor flags group's ability to operate as going concern
The auditor, KPMG PLT, noted that financial statements indicated that the group incurred net losses of RM43.
Tropicana to issue new shares to founder-cum-vice-chairman to settle RM180m debt
In a Bursa Malaysia filing on Friday (April 28), the property developer said it had entered into a settlement and subscription agreement with Tan Sri Tan Chee Sing through his wholly-owned T Shares 1 Sdn Bhd (TSSB), to settle the amount owed.
EcoWorld International’s proposed capital reduction of RM1.5 bil to facilitate distributions to shareholders
Datuk Teow Leong Seng, president & CEO: “The proposed capital reduction is a concrete first step towards the realisation of EcoWorld International’s commitment to meet our targeted distribution of RM900 million to our shareholders as earlier announced.
Setia EcoHill 2 unveils first phase of commercial development in Setia Commerce Square
Nadi comprises three phases of shopoffices and is estimated to have a gross development value of RM500 million, occupying 34 acres out of the 1,010-acre Setia EcoHill 2 which is planned for completion by 2026.
PRG’s deal with HK-listed Furniweb set to improve financial liquidity, performance
The exercise involving disposal and diversification plans is also part of its corporate strategy to increase its stake in Furniweb, according to a statement on Friday (April 28).
