Sarawak Consolidated Industries Bhd’s (SCIB) RM97.75 million contract with Landasan Kapital (M) Sdn Bhd has fallen through following a mutual termination between the two parties.

Eversendai Corp Bhd said its unit is currently in talks with the Inland Revenue Board (IRB) to withdraw the winding-up petition initiated by the IRB, following the settlement of the amount allegedly owed.

CTOS Digital Bhd on Tuesday said it is business as usual for the group as the recent court decision against its subsidiary does not prevent it from continuing to provide credit score services

The ruling could incentivise more individuals and businesses to challenge inaccurate credit reports and seek redress from credit reporting agencies for any resulting harm.

The freehold project, completed in May 2021 and handed over to owners in August 2021, has achieved 70% occupancy rate as of September 2023 and exceeded a 60% appreciation in value.

Three ECRL tunnels namely Bentong, Kampung Lentang and Kampung Lentang 2 were excavated ahead of schedule via the “drill and blast” tunnelling method.

The second phase will be launched at end-March.

“UEM Sunrise looks forward to the invaluable insights and leadership that Datuk Azmar will bring to the board, further strengthening our commitment to excellence and innovation in the property development and real estate industry.”

High Court judge Datuk Akhtar Tahir ordered CDS to pay businesswoman Suriati Mohd Yusuf RM200,000 together with RM50,000 in costs for an inaccurate negative credit rating.

The Sukuk Murabahah programme will provide an opportunity for investors to participate in an initiative aimed at part financing for the construction of the ECRL project.