Nestcon bags RM252 mil construction job in Klang Valley
The completion of the contract works is within 34 months, which will commence on Jan 3 and is scheduled for completion by Nov 2, 2026.
The completion of the contract works is within 34 months, which will commence on Jan 3 and is scheduled for completion by Nov 2, 2026.
DONE DEAL: Semidee, Taman Tun Dr Ismail, Kuala Lumpur DONE DEAL: Serviced residence, Stonor 3, Kuala Lumpur Located strategically to facilitate seamless logistics, the warehouse is at Taman Perindustrian Pulau Indah, where industrial excellence meets strategic location surrounded by an array of conveniences.
The stakes, held through its indirect wholly-owned subsidiary Tiara Gateway Pte Ltd, comprised a 49% equity interest in Mendol Investments Pte Ltd and 100% equity interest in Hinako Investments Pte Ltd.
Saiful Nizam, the son-in-law of Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi, was first appointed to the board of Jiankun as an independent non-executive director in April 2021.
Besides IJM, the other two consortium members are said to be Pestech International Bhd and French rolling stock maker Alstom, both of which are the original contractors.
The company said it is seeking Bursa's approval for relief from having to offer the shareholders a reasonable cash alternative to the exit offer.
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Ekovest said the two groups will participate in infrastructure concession assets, large-scale infrastructure projects, food security and trading initiatives, retailing ventures and transit-oriented development (TOD) projects.
The construction firm has proposed to undertake a renounceable rights issue of up to 243.
Ho Hup said Golden Wave has filed a lawsuit in the Kota Kinabalu High Court seeking to set aside the entire adjudication decision under the Construction Industry Payment and Adjudication Act, citing concerns of natural justice and impartiality.