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The construction specialist said its wholly-owned unit Haily Construction Sdn Bhd accepted the letter of award from RDC Arkitek Sdn Bhd.

GDB said it would resume façade work on Tower A, and that full work on the project will resume in early April 2023, provided Damai City meets the agreed terms and settles the outstanding amounts as scheduled.

Classita said it aims to raise a minimum of RM30 million, hence it is still in the midst of finding other underwriters to underwrite another 200 million shares worth RM20 million.

The group said that the land, located in the Mukim Sungai Tinggi District of Larut & Matang, is currently charged to Perak Agro Corporation Sdn Bhd as security to the loan owed by Majuperak.

Ireka noted that the termination does not result in any adverse material or favourable financial impact on the company as IECSB is placed under an interim judicial manager as granted by the Kuala Lumpur High Court on Aug 8, 2022.

Prime Minister Justin Trudeau’s Liberal Party: The desirability of Canadian homes is attracting profiteers, wealthy corporations, and foreign investors.

This issue of “vacant possession simultaneously with strata titles” has somehow been delayed these last few years since its inception because of some alleged technical problems.

A “sick” project is one that has been delayed by more than 30% compared to its scheduled progress, or one whose sales and purchase agreement (SPA) has lapsed, according to the National Housing Department.

"Among the steps that need to be taken is to immediately reintroduce a strict standard operating procedure as a preparedness measure in addition to ensure that Malaysia becomes a destination of choice for foreign tourists to visit.

TAFI Industries said both contracts, namely the construction and project management consultation, span 34 months and are expected to contribute positively to its earnings until the financial year ending Dec 31, 2025.