Gadang said JF Foundation's suit centres on the alleged failure of Usaha Pesona "to certify and pay for certain items, primarily the idling costs".

The land is currently pledged to a bank for a loan facility of RM21 million, with an outstanding loan of RM17.87 million as of end-June this year.

The first contract with a tenure of 17 months is valued at RM6.59 million.

Ho Hup revealed that it has been served with the suit dated May 15, 2024 on Aug 12, 2024 in its capacity as corporate guarantors for Golden Wave Sdn Bhd, in respect of a loan facility granted to Golden Wave from SDB.

Eversendai Corporation Bhd (KL:SENDAI) said on Monday that it has won contracts worth RM1.1 billion worth in India, Singapore and Saudi Arabia.

As the world grapples with rapid urbanisation, the success of urban regeneration projects hinges on strong partnerships between public and private sectors, pointed out a speaker in a pre-dialogue session of the 15th International Conference on World Class Sustainable Cities (WCSC 2024).

The government will proceed with the commercialisation of autonomous public buses on Malaysian roads once the necessary guidelines and legal framework are in place, said Transport Minister Anthony Loke Siew Fook.

A three-member Federal Court bench has, on Monday, granted leave to two people representing two non-governmental organisations (NGOs) to challenge the degazettement of Bukit Cherakah as a forest reserve for development.

Binastra Corp Bhd (KL:BNASTRA) has secured a project worth RM574.4 million from Exsim Jalil Link Sdn Bhd for a proposed development of a data centre. 

Malaysia’s property transaction value soared to RM105.65 billion in the first half of 2024 (1H2024), marking a 23.8% year-on-year (y-o-y) increase — the highest in five years — according to the National Property Information Centre (Napic).