News about island

KUALA LUMPUR (March 16): JAKS Resources Bhd (pictured) saw its shares fall as much as 8.

KUALA LUMPUR (March 14): Melaka’s Upeh Island is famous as a site for turtles landing to lay their eggs.

KUALA LUMPUR (March 8): Star Media Group Bhd has dismissed a letter from JAKS Resources Bhd as being a notice of arbitration.

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.

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

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.

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.

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.

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.

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.