JAKS gets interim injunction on RM50m payout to Star Media
KUALA LUMPUR (July 31): JAKS Resources Bhd was granted an interim injunction by the Federal Court yesterday to restrain the payout of a RM50 million bank guarantee to Star Media Group Bhd.
EcoFirst to launch Phase 2 of Ampang Ukay, targets higher sales in FY19
KUALA LUMPUR (July 30): Property developer EcoFirst Consolidated Bhd is aiming for a higher sales target of around RM240 million in the financial year ending May 31, 2019 (FY19) as it banks on two ongoing projects and another two in the pipeline.
Shareholders of EcoFirst can expect dividends in the next six months
KUALA LUMPUR (July 30): Shareholders of property developer EcoFirst Consolidated Bhd can expect a dividend payout as early as the next six months as the company is mulling a dividend policy, said group CEO Datuk Tiong Kwing Hee.
MoF says Putrajaya yet to decide on ECRL's fate
KUALA LUMPUR (July 30): The government has yet to decide on whether to proceed with or cancel the East Coast Rail Link (ECRL) project, according to the Ministry of Finance (MoF).
Flash floods in Penang after heavy rainfall
GEORGE TOWN (July 30): Due to heavy rain that fell throughout the night, several areas in Penang have experienced flash floods today.
New property launches to boost Ho Hup’s profit growth
KUALA LUMPUR (July 30): Construction and property development player Ho Hup Construction Co Bhd is expecting profit growth to accelerate in the financial year ending Dec 31, 2019 (FY19), given better earnings visibility from its RM1.
JAKS fails again to block RM50m guarantee payout to Star Media
KUALA LUMPUR (July 27): The Court of Appeal today dismissed the application by JAKS Resources Bhd for an Erinford Injunction to restrain the payout of a RM50 million bank guarantee to Star Media Group Bhd.
SunCon wins bid to lease S'pore land at S$25.7m for proposed development
KUALA LUMPUR (July 27): Sunway Construction Group Bhd (SunCon) said today it has won the bid for the lease of a piece of land in Singapore from the island state's Building and Construction Authority.
DPM: Government mulling spatium concept in urban development
KUALA LUMPUR (July 27): The authorities are considering having the spatium concept in urban development for greater efficiency in land management, said Deputy Prime Minister Datuk Seri Dr Wan Azizah Wan Ismail (pictured), Bernama reported today.
7 easy ways to cool down
Have you ever struggled to decide whether to switch on the air-conditioner in your room, especially after realising that you have been running it continuously over the past few days? While having the air-conditioning switched on constantly will mean high electricity bills, not to mention the impact it has on the environment, staying in an air-conditioned room for long hours can also affect your health due to poor natural air-ventilation.
