Cooperative targets one million members to drive housing scheme

PETALING JAYA: News of a tri-party partnership between Koperasi Alumni MKM Kuala Lumpur Bhd (Kopama), Kava Resources (M) Sdn Bhd and Jiangsu Provincial Construction Group Co Ltd (JPC) to build a million affordable homes for Malaysians over 10 years may have raised eyebrows but Kopama president is confident of proving sceptics wrong.

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ASM Development countersues Econpile for almost RM346m

KUALA LUMPUR (Dec 23): Property developer ASM Development (KL) Sdn Bhd (ASMDKL), a unit of Maju Holdings Sdn Bhd, has countersued Econpile Sdn Bhd, a subsidiary of Econpile Holdings Bhd, for almost RM346 million for its failure to carry out work at its Maju Kuala Lumpur project, in response to a suit filed by the construction contractor in March this year.

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