Ivory Properties Group Bhd, which is based in Penang, announced on Tuesday (Sept 27) that a third subsidiary has defaulted on a loan payment, this time for a sum of RM39 million to Malayan Banking Bhd (Maybank), which was raised to part finance the purchase of land for a project.
JLG and Sojitz will work together on several decarbonisation initiatives in a bid to create a sustainable supply chain in hydrogen fuel from ammonia importation.
The group has inked a conditional share SPA with XCL, which will mark Paramount’s exit from the education business.
Beng Teik, 60, is also currently executive chairman of Ajiya Bhd, as well as non-independent non-executive chairman of Chin Hin Group Property Bhd and Signature International Bhd.
This is for years of assessment 2016 to 2019.
"[We plan to] leverage existing assets to attract foreign and domestic visitations."
The factories have a combined gross development value of RM213 million.
The lawyer who represents former Malaysian Bar president Datuk Ambiga Sreenevasan and seven other residents have decided to file a lawsuit suit to compel the Kuala Lumpur City Hall (DBKL) and the Federal Territories Ministry to provide further information on its flood mitigation measures.
Malaysia’s inflation may have peaked in August as the impact of price adjustments for various price-administered items and minimum wage hikes could have been fully reflected since May, said economists.
Malaysia’s second richest man, Tan Sri Quek Leng Chan, has emerged as a substantial unitholder in AME Real Estate Investment Trust (REIT) after acquiring 29.1 million shares in the REIT over two days.
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