News by M

The stay will be in force until the Court of Appeal decides on the company's appeal against the High Court's decision to dismiss its application for a judicial review of the IRB action.

The company plans to launch more in 2HFY17.

On track for the targeted launch of the line’s first phase in July 2021.

Association chairman and managing director of MNP Auctioneers (Central) Sdn Ltd Stephen Soon Chee Leng said both manual and online auctions have their own flaws and advantages, hence a better solution is to have it both ways.

Revenue, however, slipped to RM202.62 million from RM205.48 million previously, the company said in a filing to Bursa Malaysia.

Its engineering, construction and environment revenue jumped 4.5 times to RM467.65 million from RM103.49 million. Topline from property development and investment also grew 9%.

Pasukhas said the claims launched against its 70%-owned unit Pasukhas Construction Sdn Bhd by the main contractor were over alleged wrongful repudiation and negligence in performing the work.

Ahmad Zaki group managing director Datuk Seri Wan Zakariah Wan Muda said its effort of balancing project-based income with income generated through recurring sources are now "bearing fruit".

Residents of Taman Tun Dr Ismail (TTDI) has obtained leave from Kuala Lumpur High Court to pursue a judicial review against Dewan Bandaraya Kuala Lumpur (DBKL) and the KL mayor. 

Mitrajaya said the property development division posted a pre-tax profit of RM7.29 million in 2QFY17 compared with a pre-tax loss of RM1.35 million in 2QFY16 as revenue surged 145% year-on-year to RM34.88 million.