Crest Builder bags RM316m contract to build 99 Residence
Crest Builder said the contract is expected to contribute positively to the group's earnings and net tangible assets for the financial year ending Dec 31, 2020 (FY20) and onwards.
Khazanah and Lim Kang Hoo's unit sells land in Johor to EcoWorld for RM305m
In a filing by EcoWorld, it said its subsidiary Melia Spring Sdn Bhd has inked a conditional sale and purchase agreement with RRSB, which is 80%-owned by Iskandar Investment Bhd and 20% owned by Iskandar Coast Sdn Bhd, a unit of Iskandar Waterfront.
Goldman-1MDB case transferred to High Court
Deputy Public Prosecutor Norinna Bahadun had applied to have the case against Goldman Sachs International and Goldman Sachs (Asia) LLC tried at the High Court.
EcoWorld unit buys Iskandar Puteri land for RM304.92m for mixed development
The land is located in Iskandar Puteri next to EcoWorld's Eco Botanic township, the group's very first township project in Iskandar Malaysia. It is proposed to be developed into a mixed residential and commercial township development suitable for both first-time home buyers and the M40 group.
IWCity, Ekovest shares up on fresh Bandar Malaysia news
On Friday (Dec 13), sources familiar with the matter revealed that IWH-CREC Sdn Bhd and the Ministry of Finance (MoF) will sign a reinstatement amended share sale agreement tomorrow (Dec 17) to finalise the terms and details relating to the divestment of the 60% equity interest held by the government in the development project.
IWH-CREC to sign reinstated amended share sale agreement with MoF to kickstart Bandar Malaysia Project
The joint-venture IWH-CREC Sdn Bhd and Ministry of Finance (MoF) will sign a reinstatement amended share sale agreement this coming Tuesday to finalise the terms and details relating to the divestment of the 60% equity interest held by the government in the development project, according to sources familiar with the matter.
Deloitte seeks judicial review of SC’s decision relating to RM2.2m 1MDB-linked sanction
“Deloitte takes its responsibility as an audit firm seriously, and is disappointed that the SC has dismissed our application for a review of the administrative sanctions, and has maintained its previous decision on the sanctions," the firm said in a statement yesterday.
Gamuda sees flat earnings growth in 1Q, declares six sen dividend
Earnings per share for the quarter ended Oct 31, 2019 rose to 7.02 sen from 6.97 sen previously.
Abdul Rahim Mohd Zin resigns as KUB managing director
Group chief financial officer (CFO) Ahmed Fairuz Abdul Aziz will take the helm
Prices of RON97, RON95 and diesel unchanged for Dec 14-20
Based on calculations according to the APM, the retail prices of RON95 petrol and diesel for the same period should have been RM2.34 and RM2.32 per litre respectively.
