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SCIB’s RM97.75m contract with Landasan Kapital falls through
Sarawak Consolidated Industries Bhd’s (SCIB) RM97.75 million contract with Landasan Kapital (M) Sdn Bhd has fallen through following a mutual termination between the two parties.
Eversendai unit in talks with IRB to withdraw winding-up petition following RM1.97m settlement
Eversendai Corp Bhd said its unit is currently in talks with the Inland Revenue Board (IRB) to withdraw the winding-up petition initiated by the IRB, following the settlement of the amount allegedly owed.
CTOS says it's business as usual, not court-barred from providing credit score services
CTOS Digital Bhd on Tuesday said it is business as usual for the group as the recent court decision against its subsidiary does not prevent it from continuing to provide credit score services
High Court ruling on credit score formulation could invite more lawsuits against CTOS, say lawyers
The ruling could incentivise more individuals and businesses to challenge inaccurate credit reports and seek redress from credit reporting agencies for any resulting harm.
Bon Estates wins first Fiabci Malaysia Property Award
The freehold project, completed in May 2021 and handed over to owners in August 2021, has achieved 70% occupancy rate as of September 2023 and exceeded a 60% appreciation in value.
ECRL completes excavation of 30 tunnels ahead of schedule
Three ECRL tunnels namely Bentong, Kampung Lentang and Kampung Lentang 2 were excavated ahead of schedule via the “drill and blast” tunnelling method.
Sime Darby Property’s XME Boulevard phase one fully taken up
The second phase will be launched at end-March.
UEM Sunrise appoints TRX City’s Datuk Azmar Talib as independent non-executive director
“UEM Sunrise looks forward to the invaluable insights and leadership that Datuk Azmar will bring to the board, further strengthening our commitment to excellence and innovation in the property development and real estate industry.”
CTOS not legally empowered to formulate credit scores, High Court rules; CTOS to appeal
High Court judge Datuk Akhtar Tahir ordered CDS to pay businesswoman Suriati Mohd Yusuf RM200,000 together with RM50,000 in costs for an inaccurate negative credit rating.
MRL establishes Sukuk Murabahah programme up to RM10.21b to finance ECRL project
The Sukuk Murabahah programme will provide an opportunity for investors to participate in an initiative aimed at part financing for the construction of the ECRL project.
