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Tago launches ALAIA Titiwangsa

According to a statement on Tuesday (Dec 14), ALAIA Titiwangsa was launched on Dec 11 and 12, in conjunction with the signing of the sale and purchase agreements.

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Serba Dinamik says yet to receive default notice on its US$222 mil sukuk

The engineering solutions provider was responding to a query from Bursa Securities about a news report by The Edge on Friday (Dec 10), which quoted the Malaysian Rating Corp Bhd (MARC), that Serba Dinamik's subsidiary had defaulted on the the latter's US$7 million (about RM29.53 million) semi-annual coupon payment on the outstanding senior Islamic bond.

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Government urged to tackle building material price hike issue

In the joint statement issued on Monday (Dec 13) by Master Builders Association Malaysia, Real Estate and Housing Developers’ Association Malaysia, Persatuan Kontraktor Melayu Malaysia, Persatuan Kontraktor Bumiputera Malaysia, Guild of Bumiputera Contractors Wibawa, the United Malaysia Contractors Association and Pesatuan Kontraktor India Malaysia, the representatives of the sector said the hike of building material prices have resulted in a 13% to 20% increase in construction cost.

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