Ho Hup said it received a sealed court order dated Nov 21, 2024 which said the winding-up petition has been struck out with liberty to file afresh and that Joterix’s deposit of RM3,000 will be refunded.
It also brings the group's total contract wins for 2024 to RM732.
For the cumulative first nine months ended Sept 30, 2024 (9MFY2024), the group posted a net profit of RM4.
The investment will reinforce JRL’s capital position to support its £1.
Vizione Builder had, on Oct 8, served a default notice to Inspirasi Langkawi on Oct 8 over the partial or non-payment of its works, and warned that it would suspend work or quit the job if the outstanding sum was not settled.
The deal will see the establishment of Tianma’s first-ever manufacturing facility outside of China, JCorp said KUALA LUMPUR (Nov 20): Johor Corporation (JCorp) is investing in a bearing manufacturing facility together with Tianma Precision Sdn Bhd, a subsidiary of Zhejiang Tianma Bearing Group Co Ltd, in Tanjung Langsat Industrial Complex in Johor in a deal worth RM440 million.
The 42-year-old was appointed CEO in August, filling the post that had then been vacant for over a year after the company terminated his predecessor Hazimi Baharum’s contract in June last year.
The project will be executed in two phases, with the first phase slated for completion within nine months, while the second phase is to be concluded in 24 months from the commencement date, which is yet to be fixed.
The development also includes affordable homes, business spaces, a hotel, a private school, and other facilities, located on multiple parcels of land.
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