News by theedgemalaysia.com

GDB said an adjudicator ruled that KSK Land’s unit Damai City Sdn Bhd (DCSB) has to pay GDB's unit Grand Dynamic Builders Sdn Bhd (GDBSB) a total of RM82.67 million, pursuant to GDB’s notice of adjudication on Oct 4, 2024.

Meanwhile, the final phase, Edelweiss Serviced Residences, SOFO and Shoppes, is provisionally GBI Silver-certified.

This follows the sale of a 123.141-acre industrial land within Eco Business Park VI in Iskandar Malaysia to Microsoft for RM402.3 million for the latter's development and operation of a data centre in June last year.

The brothers, via private entity Enrich Signature Sdn Bhd, bought 10 million shares in KSSC last Friday (Feb 14) at 83 sen per share — a 10.7% premium over KSSC’s net tangible asset per share of 75 sen — for RM8.3 million.

A sealed order was issued on Feb 12 this year and received by BJD on Feb 17. 

YNH Property said while UHY has issued the draft SIR report, it is currently under review and verification by the company's audit committee.

Lim Seong Hai Capital Bhd (KL:LSH) said AmInvestment Bank has agreed to underwrite its upcoming initial public offering (IPO) as part of the construction-and-engineering firm’s listing transfer to the ACE Market from the LEAP Market.

Avaland Bhd (KL:AVALAND) broke ground for The Island @Cybersouth, a 40-acre centre green space project within the 417-acre Cybersouth township, Cyberjaya earlier this week.

Maybank Investment Bank (Maybank IB) believes Eco World Development Group Bhd (KL:ECOWLD) is "actively in talks" with data centre players for projects in its business parks in Klang Valley and Johor.

In a filing on Thursday, GUH said its wholly-owned subsidiary GUH Circuit Industry (Suzhou) Co Ltd has entered into a compensation agreement with the Suzhou High-Tech Zone Shishan Business Innovation District Management Office (SHZ Management Office) for the compulsory disposal of the land measuring a total of 53,324.56 sq metres.