Penang Development Corp rejects RM818m bid by IJM-led consortium to develop Batu Kawan Industrial Park — report
“It was also RM179 million higher than a previously cancelled direct deal.
“It was also RM179 million higher than a previously cancelled direct deal.
Ho Hup said it received a sealed court order dated Nov 21, 2024 which said the winding-up petition has been struck out with liberty to file afresh and that Joterix’s deposit of RM3,000 will be refunded.
The property investment segment recorded operating profit of RM133.
It also brings the group's total contract wins for 2024 to RM732.
For the cumulative first nine months ended Sept 30, 2024 (9MFY2024), the group posted a net profit of RM4.
IJM Corp highlighted that JRL returned to profit in 2024, recording revenue of £311 million and a profit before tax of £9 million for the first six months of the financial year.
The group — comprising KLCC Property Holdings Bhd and KLCC Real Estate Investment Trust (KLCC REIT) — declared a dividend of 9.
A three-member bench, led by COA judge Datuk Supang Lian, said it was unanimous in its decision to allow the application, while also giving the nod to parties to file a supplemental record of appeal containing measures subsequent to the High Court’s decision dated Oct 9, 2023.
Launched in May this year, phase one of KL Wellness City comprises KL International Tertiary Hospital (KLIH) and The Nobel Healthcare Park.
The group saw total sales of RM3.