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NCCIM urges govt to provide financial relief to support SMEs

“Businesses, especially SMEs, small traders, retailers as well as the travel and tourism sectors would have to endure tough sales during this festive celebration and incur cash flow problems as some have already stocked up goods ahead of the festive season.”

DONE DEAL: Condominium, Andalucia, Pantai Hillpark, KL

Noteworthy:
● Leasehold
● Built-up: 1,345 sq ft
● 3 bedrooms; 2 bathrooms
● Semi-furnished
● Low floor unit with spacious square balcony
● Facilities: BBQ area, gymnasium, playground, squash and tennis court, swimming pool, landscaped garden
● Amenities: Restaurants, banks, fast-food outlets, schools, entertainment outlets and shopping malls
● Accessible via Federal Highway, SPRINT Highway and New Pantai Expressway

When: October 2020

WCT says judicial panel in Dubai upholds court decision in RM1.2b award in its favour

As such, WCT said it will continue to pursue its legal rights in respect of the final award — which was issued by the Arbitral Tribunal in 2015 when it initiated arbitration proceedings against Meydan in 2009 over the cancellation of the RM4.6 billion race course project in Dubai — including the enforcement of the same.

Greatech buys land in Batu Kawan to expand capacity

The company announced that its wholly-owned subsidiary Greatech Integration (M) Sdn Bhd (GIM) had entered into the sales and purchase agreement with the state’s development agency for the acquisition of the land, which is located in Batu Kawan Industrial Park. The purchase will be funded through internally generated funds.