MK Land says it has valid grounds to set aside Crest Builder’s arbitration award
The dispute started when Saujana claimed that CBSB, which it employed as a main contractor for a project in 2011, failed to complete the job.
The dispute started when Saujana claimed that CBSB, which it employed as a main contractor for a project in 2011, failed to complete the job.
The Practice Note 17 (PN17) company had on Wednesday (June 28) submitted its quarterly report for its second financial quarter ended Dec 31, 2022 (2QFY2023) to Bursa Securities.
Phase one of The Atera consists of a block with 47 floors of 756 units affordable serviced apartment, four units business lot and six floors podium car park, which Paramount Corp’s unit Aneka Sepakat Sdn Bhd is developing.
DONE DEAL: Bungalow, Bukit Damansara, Kuala Lumpur DONE DEAL: Semidee, Bukit Damansara, Kuala Lumpur Situated in the enclave of Bukit Damansara, Kuala Lumpur, the property is located at an exclusive gated-and-guarded residential space.
AmanahRaya REIT, which is expected to record a gain of RM45 million, said the proposed disposal is in line with the trust’s growth strategy to unlock and realise higher returns on its investments at a favourable price.
"This government guarantee is expected to stabilise Felda's financial position as well as ensure a more sustainable business model so that it continues to be viable for settlers and the new generation of Felda.
The tenants include Fun X Golf, Fun X World, Stemberry, Lan Zhou Mee Tarik, Mak Chick, AIO Home and NSK Grocer.
MBSB is in the midst of acquiring MIDF via a RM1.
The departure of independent and non-executive directors Mohd Shakir Shahimi, Nuraiman Shaiful Annuar and Noor Azri Noor Azerai was announced by SCIB two days prior to the EGM on Wednesday (June 28), which is convened to vote on the removal of the three board members.