News by M

Shares of Eco World Development Group Bhd (KL:ECOWLD) rose on Friday to their highest in seven weeks after the property developer reported better-than-expected third-quarter results.

EcoWorld Malaysia recently held its #AnakAnakMalaysia (AAM) 2024 celebration this year at Eco Majestic with the theme of fostering unity, community spirit and environmental awareness.

Country Heights Holdings Bhd (KL:CHHB) said it will request a contractor for the group's residential project in Kedah to withdraw its legal action against the group's subsidiary, Country Heights Smart Living Sdn Bhd, over alleged unpaid payments.

The controversy surrounding the compulsory supply of actual water and electricity upon vacant possession (VP) under the sale and purchase agreement (SPA) that was prescribed under the Housing Development (Control and Licensing) Act 1966 (HDA 1966) has finally been laid to rest following the Federal Court’s decision in the case of Remeggious Krishnan vs SKS Southern Sdn Bhd (formerly known as MB Builders Sdn Bhd) [2023] 3 MLJ 1.  

EcoWorld Malaysia recorded profit after tax (PAT) for 3Q2024 of RM80.4 million, 21.3% higher than 3Q2023 and 14.8% higher than 2Q 2024, according to a media release by the group today.

The Court of Appeal (COA) has allowed on Thursday for a joint hearing of the Federal Territory (FT) Land Registrar’s and Semantan Estate (1952) Sdn Bhd’s opposing appeals on the “Duta enclave” issue on Nov 7 this year.

Transparency International Malaysia (TI-M) is calling on the Malaysian government to set up an independent expert panel to monitor the delivery of the Mass Rapid Transit 3 (MRT3) project.

Shares of WCT Holdings Bhd (KL:WCT) rose on Thursday as investors lauded a planned listing of a real estate investment trust, while analysts praised the move that would help pare the company’s debts.

The government is actively negotiating for an amicable solution over the ‘Duta enclave’ conundrum, the court heard on Thursday.

TSR Capital Bhd (KL:TSRCAP) said on Wednesday that it has secured a RM75 million contract to undertake construction works at Elmina Business Park 2 in Gombak, Selangor.