Zelan's proposed scheme of arrangement receives 100% creditor approval at court-convened meeting
The PN17-classified company has been navigating a formal debt restructuring process since late 2025.
The PN17-classified company has been navigating a formal debt restructuring process since late 2025.
In addition, RJSB fully settled the shareholder advances amounting to RM69,214,977 for and on behalf of BJSP on the same date.
In addition to his role at SCIB, Ku currently also serves as an executive director and the chief financial officer of Globetronics Technology Bhd.
The investment is to be facilitated through its UOB Green Lane — a platform aimed at accelerating investment approvals and execution.
The construction group said the appellate court ruled it is entitled to its primary claim and reliefs sought, with the revised award subject to deductions for sums already recovered.
A1 A.K. Koh Group Bhd's wholly-owned subsidiary A.K. Koh Enterprise Sdn Bhd (AKK Enterprise) has entered into a sale and purchase agreement (SPA) to acquire a parcel of 99-year leasehold land in Pekan Puchong Jaya, Daerah Petaling, Selangor for RM16,728,740, to be satisfied entirely in cash.
UOA Development Bhd (UOA Development) has mutually terminated a shareholders' agreement entered into with Care Concierge Care Centre Sdn Bhd (CCCC) for a managed care services venture at its Komune Living and Wellness Centre commercial building in Cheras, with effect from last Friday (April 17).
Issues regarding electric vehicle (EV) manufacturer BYD’s large investment in Perak will be discussed with Prime Minister Datuk Seri Anwar Ibrahim to achieve the best possible outcome, said Housing and Local Government Minister Nga Kor Ming.
IOI Properties Group Bhd (IOI Properties) last Friday announced that it will acquire CapitaLand Integrated Commercial Trust’s (CICT) 100% interest in Asia Square Tower 2 (AST2), a premium Grade A office asset located in the heart of Singapore’s Marina Bay financial district, for an agreed property value of S$2.476 billion (RM7.71 billion).
Malaysia has dismissed media reports that 127.3 hectares of land on Pulau Sebatik have been ceded to Indonesia, describing the claim as inaccurate and inconsistent with official bilateral records.
The only property app you need. More than 200,000 sale/rent listings and daily property news.
