Ecobuilt unit wins RM23.16 mil in adjudication over construction project payment dispute
Golden Wave also has to bear the costs of adjudication of RM61,289 and the legal costs of RM30,000 for Eko Bina.
KPS says lawsuit against the group alleging land fraud in Kuala Langat involves a 42-year-old deal
“We are currently collating and reviewing pertinent documentation from 42 years ago and will be providing response via announcements to Bursa Securities and other related channels on material development in this case,” said KPS managing director cum group chief executive officer Ahmad Fariz Hassan in a press statement filed with Bursa Malaysia on Wednesday.
KPS sued over alleged land fraud in Kuala Langat
The dispute involves two parcels of land measuring 9.
Destini sued over sale of two plots of land amounting to RM24.5 mil
Destini had agreed to sell the plots of industrial land to Valiant First for a cumulative RM24.
Money laundering and property — real estate agents should be on the ‘alert’, say experts
“Real estate agents are reporting institutions, which have obligations to carry out, among others, customer due diligence measures if there is reasonable suspicion of the commission of a money laundering offence or a terrorism financing offence.
SPNB files another suit alleging fraud against ex-CEO, includes developer linked to Daim's son
It was reported earlier this week that SPNB Aspirasi had filed a RM141 million lawsuit accusing Azizi, property developer Tunas Tunas Manja Development & Construction Sdn Bhd and 10 others, of conspiring to defraud the company over an affordable housing project in Kuantan, Pahang, using a similar modus operandi.
Central Global files lawsuit over outstanding payments from Penang apartment construction job
The lawsuit was filed by Proventus Bina — a wholly-owned subsidiary of CIC Construction Sdn Bhd, which in turn is a wholly-owned subsidiary of CGB — against Tang Kae Shih, who acts as a surety on behalf of the project’s main contractor Simbol Era Sdn Bhd.
Family dispute over late Jamaluddin Jarjis’ estate goes to trial as settlement talks falls through
The Edge previously reported that the late Jamaluddin was said to have several bank accounts locally and abroad, along with several properties, including houses in Malaysia, Saudi Arabia and the US.
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Addressing Malaysia’s sick housing project crisis from a legal perspective
Current solutions of EOT for developers and LAD for homebuyers are in place, but the issue of “sick” housing projects not only persists but continues to rise.
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Menangani jurang antara produk yang diiklankan dan produk akhir dalam industri perumahan
Jangkaan yang tidak sepadan antara unit tunjuk dan unit sebenar telah menjadi tanah subur untuk perselisihan antara pembangun dan pembeli.
