NCT Group inks deal with Socso to strengthen talent development
The NCT group of companies has inked a memorandum of understanding (MOU) with the Social Security Organisation (Socso) to promote employment and enhance talent acquisition in Selangor.
GuocoLand names Noorbaizura as new MD
GuocoLand (Malaysia) Bhd has appointed Noorbaizura Hermeyney as its new managing director (MD), succeeding Tan Wee Bee, effective May 18. In a statement on Friday (May 12), the property developer, who is the subsidiary of Singapore-based GuocoLand Ltd, said Tan, 52, will be stepping down to pursue his other personal interests.
Agong, Raja Permaisuri host dinner at Battersea Power Station
Yang di-Pertuan Agong Al-Sultan Abdullah Ri'ayatuddin Al-Mustafa Billah Shah and Raja Permaisuri Agong Tunku Azizah Aminah Maimunah Iskandariah hosted a celebratory dinner at the Battersea Power Station on May 10 (Wednesday) to celebrate the success of an exhibition of Malaysian heritage craft titled "Abstract Nature".
Subcontractor in 8 Conlay project obtains interim injunction against Grand Dynamic Builders
The High Court on Friday (May 12) granted an air conditioning subcontractor of the 8 Conlay project an injunction against Grand Dynamic Builders Sdn Bhd (GDBSB) to restrain the company or its directors or other officers from issuing a demand pursuant to a Standard Chartered Bank Malaysia Bhd letter of guarantee dated March 8, 2021, until the final disposal of its arbitral proceedings.
Sime Darby Property launches The Eighth with 70% take-up
Sime Darby Property Bhd’s semi-detached villas, The Eighth in the City of Elmina township located in Shah Alam, Selangor has achieved a 70% take-up rate since its official launch in April 2023.
Auditor flags material uncertainty over Bertam Alliance’s ability to continue as going concern
Bertam Alliance incurred negative operating cash flows of RM1.47 million during FY2022 and its current liabilities has exceeded its current assets by RM17.09 million.
Ageson’s RM279m industrial land disposal called off
The agreement, which proposed AHSB to build 33 industrial lots with a gross development value of RM278.78 million, was mutually terminated by the pair.
Scale down of PSI has no earnings impact on Gamuda, says Public Investment Bank
The PSI reclamation project, as indicated earlier by the government, will be slashed by 49% with the cancellation of Island B and Island C.
Sentral REIT's 1Q net property income falls 4%
Sentral REIT's net property income for the first quarter ended March 31, 2023 (1QFY2023) declined 4.03% to RM29.3 million, from RM30.5 million a year earlier.
Impiana looking to buy 70% of SOULed OUT operator
Impiana Hotels Bhd has proposed to acquire a 70% equity interest in Cafelink (M) Sdn Bhd in its bid to expand its food and beverages (F&B) footprint outside of the group’s existing F&B business offerings.
