Kreston John & Gan's term of office will end 21 days after the resignation notice date of Aug 9 in line with the Companies Act 2016, said the piling and engineering company in a bourse filing.
Abang Abdillah Izzarim Abang Abdul Rahman Zohari, 45, is the son of Sarawak Premier Tan Sri Abang Abdul Rahman Zohari Abang Openg, more popularly known as Abang Johari or Abang Jo.
Based on the illustrative gross proceeds, the company in a filing with Bursa on Thursday (Aug 10) said almost all of it or RM53.
The company stands to incur a gain of approximately RM7.
Tan and BLand are seeking general damages, compensatory damages, aggravated damages and exemplary damages.
The development will span over 100 acres of leasehold land and be developed in five phases over seven years.
“[From this average figure], clients will normally spend about 50% to 70% on furnishing.
In a filing with Bursa Malaysia on Thursday (Aug 10), the property developer said the proceeds from the sukuk will be utilised by EcoWorld Malaysia and its subsidiaries or any joint ventures related to them.
The Tank Stream Hotel is a 15-storey hotel building with 280 rooms.
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