News about court

PETALING JAYA (Feb 27): Berjaya Property Bhd, formerly Berjaya Land Bhd, is repositioning itself towards the ultra-luxury segment, underpinned by confirmed take-up rates at its premium domestic projects and a US$1.

KUALA LUMPUR (Feb 13): GDB Holdings Bhd (KL:GDB) said its wholly-owned subsidiary Grand Dynamic Builders Sdn Bhd has obtained a favourable High Court judgment against KSK Land Sdn Bhd, which is in liquidation, to recover amounts owed for works on the 8 Conlay project.

KUALA LUMPUR (Feb 11): The High Court has ordered developer Segi Objektif (M) Sdn Bhd to facilitate the issuance of strata titles within 12 months to purchasers and the joint management body (JMB) of Suria Lake Town A and B at Bukit Merah Laketown Resort.

PETALING JAYA (Feb 10): Berjaya Land Bhd, a subsidiary of Berjaya Corporation Bhd, has opened a new sales gallery for its Jesselton Courtyard residential development in Jesselton Selatan, Penang.

PUTRAJAYA (Feb 4): The Court of Appeal last week dismissed an appeal by a landowner-cum-developer for loss of profit/business disturbance following the acquisition of almost two acres of its 4.

KUALA LUMPUR (Jan 22): The Seremban High Court has fixed May 19 to deliver its decision on mesne profit sought by Semantan Estate (1952) Sdn Bhd in its legal battle against the Malaysian government over the acquisition of the 'Duta Enclave'.

SINGAPORE (Jan 14): Jesselton Courtyard, a freehold residential development in Penang will be launched for sale to Singapore buyers at an event hosted by Savills Singapore during the weekend of Jan 17 and 18.

The Mansions @ ParkCity Heights, Kuala Lumpur terrace house sold for RM9.

In his ruling, Judge Akhtar Tahir said KL Landmark and City Properties “blatantly” ran afoul of “the Strata Management Regime".

Ho Hup said the proposed scheme of arrangement will be detailed in an explanatory statement and put to a vote at a court-convened creditors’ meeting, where it must secure approval from at least 75% in value of those voting.