International arbitration platform to be set up in Forest City
The tentatively named FCZFZ-BAIAC International ADR Platform is expected to enhance Forest City’s position as a growing hub for international business and investment.
Urusharta Jamaah ceases to be substantial shareholder in Pintaras Jaya
After the sale, Urusharta Jamaah will no longer hold any stake in Pintaras Jaya.
After 46 years, Continental to close Alor Setar tyre plant
The manufacturing facility covers an area of about 133,000 square metres.
Hock Seng Lee, Ascott break ground for Citadines Langit Kuching mixed-use project in Sarawak
It will be a mixed-use development comprising two 28-storey towers — Tower A with 64 condominium units and Tower B with 220 Citadines serviced residences managed and operated by Ascott — and a three-storey public plaza with commercial spaces.
Taghill bags RM494m construction contract in Bandar Sri Damansara
The contract lasts 40 months, with completion expected by July 9, 2028.
Ho Hup seeks court order to formulate scheme of arrangement
Ho Hup said details of the scheme of arrangement will be announced later.
GDB secures court order to enforce adjudication award relating to 8 Conlay project
“As a result of the above decision, the adjudication decision has been enforced by virtue of Section 28 of the Construction Industry Payment and Adjudication Act 2012 as if it is a judgement or order of the High Court.
West Coast Expressway operator receives government consent for RM1.15b financing from Bank Pembangunan
Of the West Coast Expressway’s 11 sections, eight have been completed and begun operations — the most recent being Section 2, which commenced in January this year.
EcoWorld shares rise, analysts positive as plan for RM3b industrial park advances
Analysts said the development reinforces EcoWorld’s long-term growth prospects from resilient demand for industrial assets, while the price tag for the project land is also fair.
Ho Hup slips into PN17 status after unit defaults on RM113m loan facility
The construction company said it received a demand notice from Insas Credit & Leasing Sdn Bhd over Ho Hup’s role as guarantor for its wholly-owned subsidiary Bukit Jalil Development Sdn Bhd, which failed to repay the outstanding loan amount.
