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In their suit filed on March 27, Hydroshoppe and Menara KL claim that LSH Capital and its units had induced a breach of a contract that the plaintiffs had agreed to with the government in an Aug 1, 2022 meeting.

Damansara Heights home with great potential, sold | DONE DEAL Desa ParkCity condo with stunning views sold (Westside III) | DONE DEAL Average transacted prices for landed residential properties in Taman Bukit Serdang, Seri Kembangan saw an increase of around 20.

“The proposed acquisitions are expected to enable the group to achieve elevated strategic synergistic benefits in complementary business focus and enhanced geographical track record.

The proposed disposal is expected to generate a gain of approximately RM554,000 for the construction firm, which will be recognised as part of its financial results.

Castaldi will also oversee Sunway Travel, which offers a wide range of services including corporate travel management, leisure travel packages, and tailored experiences.

"By establishing a new Act, specifically for property managers, we aim to improve the quality of property management services in Malaysia, ensuring that the maintenance fees paid are properly utilised for things such as lift maintenance, parks, and even waste collection or sewerage system repair works.

There are still construction jobs worth RM520 million from property launches by related party Eastern & Oriental Bhd for Andaman Island this year, according to RHB Investment Bank’s estimates.

Hydroshoppe and MKLSB initiated legal action including against LSHSM and the government, as they alleged contractual breaches and misconduct that led to the award of the concession to LSH Service Master.

This marks the fourth contract Kerjaya Prospek has secured since the beginning of the year, bringing its outstanding order book to over RM4.

“If 100 sq ft is built first as an increment, but in the future, the goal is to have 80-sq m (861 sq ft) houses, 80 sq m of land must be allocated today.