Pestech hit by arbitration claim over RM7.7m worth of alleged unpaid dues
Pestech is disputing the claimed amounts.
Pestech is disputing the claimed amounts.
According to bourse filing, Bina Puri said it received the final award of the arbitral tribunal judgment on Nov 7, which ordered Prolintas to pay the sum with interest to Latar.
Public Works Minister Datuk Seri Alexander Nanta Linggi said that although MOF has absolute authority to select the company to implement the project, the Ministry of Public Works (KKR) as the responsible ministry has carried out a preliminary review and discussion with the Sabah Public Works Department (JKR) after receiving the list of companies brought by the department.
The charges were framed under Section 409 of the Penal Code, which carries a prison sentence of no less than two years, caning, and a fine, upon conviction.
Ambrosia II, which has a total GDV of RM69.
ISR 2030 outlines 12 strategic pillars driving IOI Properties' initiatives to address climate change, biodiversity, waste management, sustainable finance, supply chain management, employee well-being, and sustainability risks and opportunities.
Judge Datuk Ahmad Shahrir Salleh said between developers and purchasers, developers have an unequal advantage in bargaining power, and that delivering vacant possession of a property without allowing the purchasers the right to occupy the property is against public policy — even if the sales and purchase agreement (SPA) provides for such a move.
With a GDV of RM568 million, the 29-storey development is built on a 6.
Housing and Local Government Minister Nga Kor Ming: "For example, in Terengganu, the development of Pasar Payang Kuala Terengganu received an allocation of RM81.
The group, which lodged the Sukuk Wakalah Programme with the Securities Commission Malaysia on Wednesday, said proceeds from the issuance of the sukuk will be used to finance and reimburse capital expenditure.