TCS Group Holdings Bhd is making a cash call to raise working capital for its existing construction projects.

Gabungan AQRS Bhd is claiming RM89.74 million from Econpile Holdings Bhd for what it alleged was wrongful termination of a sub-contract under Package SUKE-CA3 of the Sungai Besi-Ulu Kelang Elevated Expressway (SUKE) project in 2016.

Ho Hup Construction Co Bhd said its unit will challenge an adjudication decision requiring the company to pay RM23.16 million to Ecobuilt Holdings Bhd's wholly-owned subsidiary, Eko Bina Sdn Bhd.

Noteworthy:

• Freehold
• Built-up size : 4,000 sq ft
• Land size: 3,600 sq ft
• 5 bedrooms, 4 bathrooms
• Semi-furnished
• Nearby amenities: Convenience stores, clinics, banks, One Utama Shopping Centre, IKANO, The Curve, IKEA, MRT TTDI, MRT Bandar Utama
• Accessibility: Damansara-Puchong Expressway, SPRINT highway, Federal highway

When: October 2023

Additionally, the research firm expects increased revenue contributions from recently launched projects following aggressive launches by developers in 2023.

Shares of the loss-making civil and building construction firm opened at nine sen, half a sen lower from its closing price last Friday.

ACI said this recognition highlights KLIA’s commitment to enhancing passenger satisfaction by providing a seamless and customer-centric journey.

The renewable energy group said its wholly owned indirect subsidiary, Vafe System Sdn Bhd, is buying the additional stake for RM6 million.

Property development and construction group Jiankun International Bhd is acquiring 99.99% equity interest in Penang-based Oriental Link Properties (M) Sdn Bhd (OLPSB) from the privately held property development company's two directors Lee Khoon Eng and Lee Phaik Choo for RM9.5 million.

Malaysian Resources Corp Bhd (MRCB) has proposed to acquire the rights to carry out the development of an office tower in the PJ Sentral commercial development from the Selangor State Development Corp (PKNS), for RM270 million.