Couple face misappropriation of property and alternative CBT charges
If found guilty, the duo could face imprisonment of between six months and five years, with whipping, and are also liable to a fine.
Purchasers go to court in bid to oppose Empire Remix corporate voluntary arrangement
Ranjan Chandran, the lawyer for the 36 buyers who are seeking to be interveners to oppose the CVA, submitted on Wednesday (Jan 4) that the CVA was usually intended for ailing companies and not for abandoned developments.
Ireka Corp unit's RM163.9 mil hospital extension job terminated
Ireka noted that the termination does not result in any adverse material or favourable financial impact on the company as IECSB is placed under an interim judicial manager as granted by the Kuala Lumpur High Court on Aug 8, 2022.
Canada: Two-year ban on some foreigners from buying homes
Prime Minister Justin Trudeau’s Liberal Party: The desirability of Canadian homes is attracting profiteers, wealthy corporations, and foreign investors.
SunCon bags RM1.7b data centre construction job
SunCon said that barring any unforeseen circumstances, the contract is expected to contribute positively to the group's earnings for the financial year ending Dec 31, 2023 onwards.
Crest Builder unit wins RM479m job to build condo blocks in Desa ParkCity
"The group expects some uncertainties in its financial performance owing to Covid-19-related issues and fluctuations in building material prices in the short term, especially as a result of the recent Russia-Ukraine war.
MIID: Check legitimacy of interior designers, contractors before renovation
A lot of the companies are not registered with respective governing bodies while some misuse other designer's portfolio and claim that it belongs to them, while “some make ridiculous offers that are beyond the normal standards of practice”.
Hoteliers urge Putrajaya to reintroduce strict SOP to protect tourism industry
"Among the steps that need to be taken is to immediately reintroduce a strict standard operating procedure as a preparedness measure in addition to ensure that Malaysia becomes a destination of choice for foreign tourists to visit.
SunCon-led consortium in negotiation to build Toyo Ventures' Vietnam power plant for US$2.2 bil
The agreement sets out the framework for negotiations and discussions between the parties to establish the detailed terms and conditions about the contractor's performance in design, engineering, procurement, manufacture, supply, construction, erection, testing and commissioning of the electric generation facility.
Tiong Nam enters JV agreement with JLand to develop high-tech logistics park
The JV company — known as JTN Logistics Park Sdn Bhd — will undertake the acquisition of the 300-acre land, plus the development and management of the industrial park.
