Apart from construction, the company also supplies building materials, lighting and related mechanical and electrical products, hardware products and tools, rental of construction machinery, and equipment.
The company aims to capitalise on Senawang’s rapid growth while addressing the region’s rising demand for affordable housing.
Gross profit increased 19.
The action comes two weeks after Abu Bekir himself sued Cahya Mata for allegedly being denied access to the company’s accounts despite his position as a director.
In a bourse filing, the property developer said it had entered into a conditional settlement agreement with Rampai Fokus Sdn Bhd (RFSB) — an indirect wholly-owned unit of its major shareholder, Iskandar Waterfront Holding Sdn Bhd — to convert the amount it owed to RFSB into IWCity shares.
The new digital platform will focus on B2B services, while the original MoneyX platform and app will be geared towards B2C services.
See the top five high-rises in KL with the highest price growth in 2024, based on EdgeProp Research data.
Inferring the controversies surrounding the proposed Urban Renewal Act, the KPKT Minister refers to the forthcoming major legislative reform as Akta Pemulihan Strata dan Bandar (Akta PSB) and said: “Akta PSB stipulates that all existing owners will not get anything less favourable than the original”.
Optimism was at its highest in five years, according to results of a survey by the Real Estate and Housing Developers’ Association (Rehda).
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