JAKS agrees to complete Tower A by June 30

Mar 08

KUALA LUMPUR (March 8): JAKS Resources Bhd (pictured) has agreed to complete Tower A of the Pacific Star project in Petaling Jaya by June 30 as demanded by Star Media Group Bhd.

JAKS drops with KLCI and after co says seeking arbitration

Mar 07

KUALA LUMPUR (March 7): Shares of builder and pipe manufacturer JAKS Resources Bhd fell as much as seven sen or 4% to RM1.

JAKS Resources seeks arbitration to resolve dispute with Star Media

Mar 07

KUALA LUMPUR (March 7): JAKS Resources Bhd said its 51%-owned unit JAKS Island Circle Sdn Bhd (JIC) is seeking arbitration to resolve its dispute with Star Media Group Bhd over the completion and delivery of Tower A of the Pacific Star project.

LBS Bina 4Q net profit drops 13% on higher costs, lower interest income

Mar 01

KUALA LUMPUR (March 1): LBS Bina Group Bhd’s net profit for the fourth quarter dropped 13% year-on-year, mainly on lower interest income and higher finance costs, while other income fell as the previous corresponding quarter had registered a one-off government grant.

JAKS, Star Media shares down for second straight day as injunction filed

Feb 22

KUALA LUMPUR (Feb 22): Shares in JAKS Resources Bhd continued to fall for a second straight day yesterday as the company proceeded to file an injunction with the High Court here to restrain Star Media Group Bhd from receiving the proceeds of a RM50 million bank guarantee.

JAKS, Star Media at loggerheads over project delay

Feb 23

KUALA LUMPUR (Feb 21): A more than two-year delay in completing the Pacific Star Business Hub by JAKS Resources Bhd (pictured) has been cited as the reason for Star Media Group Bhd to call on a RM50 million bank guarantee for the project.

2018 will be a period of consolidation for EcoWorld

Jan 26

KUALA LUMPUR (Jan 24): Eco World Development Group Bhd will hold off on launching any sizeable projects this year as it focuses on strengthening its balance sheet and consolidating its landbank.