GUH Holdings expects RM4m revenue boost from out-of-court settlement with JAKS’ unit
Under the settlement, JAKS-KACC JV is to pay Teknoserv RM9.
Hextar Technologies to exit warehouse segment after RM78.31 mil land disposal
“Upon completion of the (disposed) proposals, HexTech will continue mainly with its logistics, trading and technology and other businesses, such as insurance agency and investment holding,” HexTech said in a filing on Tuesday (July 4).
Central Global takes on mixed development job worth RM42m in Kedah
In a filing on Tuesday (July 4), the company said its wholly-owned sub-subsidiary Central Global Development Sdn Bhd (CGD) signed the agreement with Menteri Besar Kedah Inc’s wholly owned subsidiary Permodalan Kedah Bhd (PKB).
TWL Holdings, LJ Development abort deal to develop Klang project after six years
In a filing with Bursa Malaysia on Tuesday (July 4), TWL said its wholly owned subsidiary Kejuruteraan TWL Sdn Bhd and LJ Development had mutually agreed to terminate the memorandum of understanding that both parties had entered into in June 2017.
The Binjai on the Park and Kuala Lumpur Convention Centre retain Gold status at The Edge Malaysia BMSPA 2023
BMSPA is in its seventh instalment this year in seeking to recognise real estate that is managed with excellence and sustainability.
DONE DEAL: Bungalow, Bukit Damansara, Kuala Lumpur
DONE DEAL: Serviced residence, Genting Highlands, Pahang DONE DEAL: Bungalow, Bukit Damansara, Kuala Lumpur Located within the confines of Bukit Damansara, Kuala Lumpur this property offers a secluded and secure residential area with gated-and-guarded access.
Local govt ministry plans new law to speed up redevelopment projects
“Right now, under the current act (law), we have to get 100% consent from the residents (of the identified projects) to implement a redevelopment [plan], which is not possible… We will be coming out with a new act soon, to speed up the progress of the redevelopment projects.
OCBC Bank sees 70% probability BNM will keep OPR unchanged
“Core inflation eased to a lesser extent compared to headline inflation but the direction implies that inflationary pressures are easing.
Purchasers of Empire Remix succeed in opposing corporate voluntary arrangement
The court also considered that there was no approval from the land owner for True Renaissance to continue with the project.
SkyWorld records highest-ever profit after tax of RM150.7m
The remarkable increase of SkyWorld’s PAT was contributed by revenue generated from ongoing projects such as SkySierra Residences (The Valley), EdgeWood Residences, SkyVogue Residences, SkyAwani III Residences, SkyAwani IV Residences, SkyAwani V Residences and the sales of completed inventories mainly from SkyMeridien Residences.
