DCSB claimed for costs and expenses incurred for the delayed completion of the project. The claims included loss of profits, reputation, and general damages for breach of contract.

So far, this is the largest group of plaintiffs suing ACE Holdings.

According to Bloomberg as of Tuesday afternoon, 16 out of 18 economists said BNM will keep the OPR at 2.75% — a rate unchanged since November last year.

He had offloaded 50 million shares equivalent to a 10.2% stake via a direct business transaction on April 28 for 13 sen apiece. 

Liew first joined the property development company in March 2019 as a special officer to the group managing director.  

The construction engineering company has 12 months to regularise its financial condition, failing which trading in its securities could be suspended and it could be delisted from Bursa Malaysia. 

The Main Market-listed company failed to file its annual report by the April 30 deadline. 

It has also been decided that a one-stop centre would be created under Motac to promote, filter and streamline MM2H applications. 

Spanning across 880 acres (356.12 hectares) of freehold land, the RM4.2 billion industrial property development recently began construction. 

Landmarks Bhd said its external auditor has raised concerns about the group's ability to operate as a going concern in its audited financial statements for the year ended Dec 31, 2022  (FY2022).