Page 6 - Development Sdn Bhd News Today

There is no appeals procedure against an award made in Malaysia under the Arbitration Act 2005. The only recourse is to set aside the award. The application to set aside an award has to be made within 90 days of receipt of the award, and the grounds for setting aside such an award are set out in section 37 of the Act. This article is part of a series on arbitral awards in Malaysia and, in particular, discusses challenging an arbitral award and other actions.

Permodalan Nasional Bhd's (PNB) wholly-owned subsidiary PNB Development Sdn Bhd said on Monday McDonald’s will build a quick-service restaurant with dine-in and drive-thru facilities at PNB Development's 2,814-acre (about 1,126ha) township in Kota Seriemas in Nilai, Negeri Sembilan pursuant to the sale of an approximately 0.64-acre (0.26ha) commercial land in Kota Seriemas by PNB Development's wholly-owned subsidiary Seriemas Development Sdn Bhd to Malaysia's McDonald’s l...

A company, which managed a building where a toddler fell from the fifth floor through a bridge gap three years ago, was charged with negligence towards public safety

A company and a building contractor were fined a total of RM35,000 for negligence towards public safety following a toddler's fatal fall through a gap from the fifth floor of the T1 Bundusan shopping mall in Penampang almost three years ago

IPOH: The state assembly is not the right platform to bring up any issues or allegations involving Perak Corporation Bhd's (Perak Corp) investment in the Movie Animation Park Studios (MAPS) project through its subsidiary PCB Development Sdn Bhd (PCBD), says Saarani Mohamad.

KUALA LUMPUR: Phase one of the multi-billion-ringgit Bukit Bintang City Centre (BBCC) development is nearing completion, with the retail, office and residential components seeing high take-up rates amid the soft property market.

MELAKA: The mega coastal reclamation project worth RM43bil, Melaka Gateway, will be back in the hands of the original developer, KAJ Development Sdn Bhd, whose contract was terminated by the state government in 2020.

MELAKA: The state government has handed back to the original developer a major coastal reclamation project that had been mired in legal disputes.

JOHOR BARU, March 6 — The Malaysian United Democratic Alliance (Muda) party has vacated the premises meant for entrepreneurs used as the party’s operations centre for the Johor state election as ordered by PIJ Holdings Sdn Bhd following allegations of trespass and unauthorised use of assets....

JOHOR BARU: A police report has been filed against the Malaysian United Democratic Alliance (Muda) for allegedly trespassing into property owned by a Johor government-linked company.