OCBC Bank sees 70% probability BNM will keep OPR unchanged
... due to slowing growth momentum and easing inflationary pressures.
Purchasers of Empire Remix succeed in opposing corporate voluntary arrangement
This is the first decision made on a CVA that has been challenged in court.
Pestech denies unit's insolvency, says problem lies with Gemas-JB project’s cash flow
Pestech instead alleged that the rail project was experiencing serious negative cashflow issues created by SPYTL, due to rear-loaded project payment milestones and a delay in SPYTL’s works.
GUH Holdings reaches out-of-court settlement with JAKS joint venture
GUH’s subsidiary Teknoserv Engineering Sdn Bhd had sued JAKS Sdn Bhd and KACC Construction Sdn Bhd (JAKS-KACC JV) following the termination of the sub-contract.
LFE’s wholly owned unit to take over main building works of Damansara project from 51%-owned Cosmo
The job will now be undertaken by LFE’s wholly owned LFE Engineering Sdn Bhd, which accepted the letter of acceptance from PD Ara Sdn Bhd for the project last Friday.
Haily clinches RM53m residential construction project in Johor Bahru
... to build 170 units of double-storey cluster houses in the Taman Mutiara Maju township.
SunCon receives RM253m refurbishment contract from Sunway REIT
“The project is for a period of 24 months from the date of commencement of July 1, 2023, and is expected to be completed by June 30, 2025.”
Tropicana Corp redeems RM465.5m sukuk due end June
This Sukuk Wakalah Programme was part of the RM1.5 billion Islamic Medium Term Notes Programme issued by the group.
WCT Holdings to acquire remaining 49% stake in JV undertaking shopping complex at Merdeka 118
WCT and TSRB had accepted a RM676.8 million job from PNB Merdeka Ventures Sdn Bhd to build a shopping complex at the Merdeka 118 development in Kuala Lumpur in December 2018.
CORE Residence @ TRX gets linked bridge to TRX City, units 80% taken up
According to the CORE Precious Development, the link bridge, which was fabricated off-site, has a width spanning two car lanes and is over three storeys above ground.
