Siab Holdings agrees to Yong Tai’s settlement arrangement following termination of projects
Siab is the main contractor of the two projects owned by Yong Tai.
OCR Group’s units sued by contractor over alleged payment default
Kencana Amanjaya Sdn Bhd is suing OCR’s 90%-owned subsidiary OCR Properties (Kuantan) Sdn Bhd relating to a residential project involving 979 terrace houses and 130 units of semi-detached houses in Kuantan.
Malton says it's assessing the financial hit from Fed Court's decision to quash Taman Rimba Kiara project
“The company is waiting to receive and review the grounds of judgement of the Federal Court and shall seek legal advice as to its next course of action in relation to the joint development agreement and to assess the potential impact to the financials of Malton and its subsidiaries,” Malton said in a bourse filing.
Fed Court to decide April 18 on judicial review sought by TTDI residents over Taman Rimba Kiara project
The upcoming Federal Court decision will once and for all decide whether the land should be developed or not.
Country Heights' Lee Kim Yew says he is 'far from insolvency'
In a press conference on Thursday (April 13), Lee -- who is property developer Country Heights Holdings Bhd's founder and largest shareholder -- said the issue was escalated by Patrick Healy, a former officer of US-based Club Excellence Inc which had already been wound up.
Declared bankrupt, Lee Kim Yew to hold press conference today to explain the issue
According to Malaysia Department of Insolvency's website, e-insolvensi, the tycoon received the bankruptcy notice issued by the Shah Alam High Court on Jan 26 this year.
Country Heights founder Lee Kim Yew declared a bankrupt
Country Heights announced the 68-year-old's resignation as the group's executive chairman on Feb 3, saying it was “to cater for change management for the transformation of the group.
Bintai Kinden to work on an amicable solution following MBSB’s lawsuit on loan default
In an exchange filing on Tuesday (April 11), the Bintai said it is sourcing for the appropriate review and negotiation with the parties involved in the concession arrangement to reach amicable solutions to settle debts owing to MBSB.
Hydroshoppe director charged with offering bribes to Annuar Musa for KL tower concession
Abdul Hamid Shaikh Abdul Razak Shaikh, director of Hydroshoppe Sdn Bhd, had claimed trial to one charge of bribery under the Malaysian Anti-Corruption Commission (MACC) Act 2009 for offering the bribe.
