Apex Court ruling leaves Court of Appeal’s contradicting decisions in limbo
Apex Court held that the ‘threshold’ under Section 96 of Courts of Judicature Act has not been met.
Couple face misappropriation of property and alternative CBT charges
If found guilty, the duo could face imprisonment of between six months and five years, with whipping, and are also liable to a fine.
Majuperak to dispose of 134.2ha land to Perak Agro Corporation for RM9.53m as debt settlement
The group said that the land, located in the Mukim Sungai Tinggi District of Larut & Matang, is currently charged to Perak Agro Corporation Sdn Bhd as security to the loan owed by Majuperak.
MR DIY buying foreign worker quarters in related party deal
The units, located under the Centralised Labour Quarter (PAPA) project @ Balakong in Seri Kembangan, will provide suitable accommodation for the group’s foreign workers, the home improvement retailer said.
Paragon Union to sell Cheras industrial land to D’nonce Technology for RM17.5 mil
Paragon Union said the disposal provides an opportunity for the group to unlock and realise the value of the property, which it expects to record a net pro forma gain of RM11.
AREA Advisory inks agreement to buy, develop land in Delapan SBEZ into data centre park with RM15b GDV
Delapan SBEZ — of which Northern Gateway is the master developer — features a free commercial and industrial zone located at the northern end of the North-South Expressway and the Malaysia Federal Route 1, with an access to the Bukit Kayu Hitam Inland Port.
Exchange 106 ‘accredited’ as the tallest building in Malaysia from completion in 2019
Mulia Property Development stated that Council on Tall Buildings and Urban Habitat announced an addition to the criteria for measuring the height of a building from street level in a case where the entrance of a building sits on a significant podium.
Elmina Central Park sees more than 100,000 visitors during two-day New Year festival
Held over the New Year’s Eve weekend, the event also celebrated “the grand finale of the company’s Beyond 50 campaign”.
Purchasers go to court in bid to oppose Empire Remix corporate voluntary arrangement
Ranjan Chandran, the lawyer for the 36 buyers who are seeking to be interveners to oppose the CVA, submitted on Wednesday (Jan 4) that the CVA was usually intended for ailing companies and not for abandoned developments.
Ireka Corp unit's RM163.9 mil hospital extension job terminated
Ireka noted that the termination does not result in any adverse material or favourable financial impact on the company as IECSB is placed under an interim judicial manager as granted by the Kuala Lumpur High Court on Aug 8, 2022.
