The dispute pertains to Vienna Advantage’s alleged failure to supply and implement enterprise resource planning and related services agreed upon under various agreements inked between July 2019 and November 2023.
This came after Tiong converted warrants into 2.6 million shares or a 0.42% stake on Jan 28.
The real estate developer said the higher NPI was driven by nine newly acquired properties during the year under review, although it was partially offset by a higher finance cost of RM6.9 million from higher borrowings.
The proposed disposal of the Capri on Via Roma property for A$85.5 million (RM233.42 million) is part of Mulpha International's capital recycling initiative aimed at strengthening its cash flow and streamlining its asset portfolio.
The contract will commence on Feb 12, 2025, and span over 36 months, AZRB said.
Wisma Majujaya Sdn Bhd has obtained a summary judgement from the High Court on Monday over its RM28.1 million suit filed against Bina Puri Holdings Bhd (KL:BPURI), its subsidiary Bina Puri Properties Sdn Bhd, and its director Tan Sri Tee Hock Seng.
Miclebina Group of Companies has launched Santorini@Botani Ipoh (Pangsapuri Rafflesia), a Santorini-inspired residential project in Bandar Botani, Ipoh, under the Perakku Home Ownership Scheme.
AwanBiru Technology Bhd (KL:AWANTEC) is disposing of an eight-storey office and retail building in Cyberjaya to tenant Puncak Hartanah Intelek Sdn Bhd for RM25 million.
Compugates Holdings Bhd (KL:COMPUGT) said it has teamed up with a property developer to undertake a mixed-use development on a 14.5-hectare land in Cyberjaya with an estimated gross development value (GDV) of RM1.36 billion.
DXN Holdings Bhd (KL:DXN) said it is terminating its plan to develop a medicine facility and a wellness centre due to a lack of progress and failure to achieve the expected benefits.
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