Riza Aziz seeks representation to get charges against him dropped
KUALA LUMPUR (Dec 6): Riza Shahriz Abdul Aziz had filed for representation in a bid to have charges amounting to US$248 million (RM1.
New development vibrancy at Genting Highlands
PETALING JAYA (Dec 6): Along the winding path up Jalan Gunung Ulu Kali to Genting Highlands, new high-rises are rapidly joining older apartments.
Guan Eng: Government direct debt up RM94.1b at RM799.1b
KUALA LUMPUR (Dec 6): Finance Minister Lim Guan Eng said today that the Malaysian government's direct debt had at most increased RM94.
Nexgram’s auditor raises concern over its ability to continue as going concern
KUALA LUMPUR (Dec 6): Nexgram Holdings Bhd’s external auditor Styl Associates PLT has expressed an unqualified opinion on the group’s accounts, and raised concerns over its ability to continue as a going concern.
Some construction players bid below cost to survive — Gamuda
KUALA LUMPUR (Dec 6): It is no secret that the Malaysian construction market has slowed down markedly since the 14th general election in May last year, but the situation is so dire that certain contractors are putting in below cost bids just to keep their staff employed.
Paragon Globe buys 31-acre land in Pulai for commercial development
KUALA LUMPUR (Dec 6): Paragon Globe Bhd is acquiring 31.
LFE Corp wins RM34.5m contracts to provide electrical services
KUALA LUMPUR (Dec 5): LFE Corp Bhd has secured four contracts with a combined value of RM34.
High Court to decide on summary judgment next year in KLVC master developer’s case against Felda and FIC
KUALA LUMPUR (Dec 5): The Kuala Lumpur High Court has set Feb 14, 2020 on whether it is to give a summary judgment in the case between the master developer of the Kuala Lumpur Vertical City (KLVC) who is suing the Federal Land Development Authority (Felda) and its investment arm Felda Investment Corp Sdn Bhd (FIC), over a dispute in the development of the project.
Gamuda expects to sign Penang Transport Master Plan PDP agreement in ‘next few weeks’, says MD
KUALA LUMPUR (Dec 5): Gamuda Bhd is likely to sign the Project Delivery Partner (PDP) agreement for Penang Transport Master Plan in the ‘next few weeks’, and the first package of Light Rail Transit (LRT) would be awarded by mid-2020, according to managing director Datuk Lin Yun Ling.
Developer urged to change plans for one-way street in Taman Wahyu into two-way
PETALING JAYA (Dec 5): Residents of Taman Wahyu in Kepong, Kuala Lumpur are urging a developer currently building a condominium in the area to build a two-way road instead of the proposed one-way road, the Star reported today.
