Scomi Group Bhd surprised investors when it proposed to revise its current issued share capital reduction from RM224.96mil to RM3mil from the earlier RM40mil.
KUALA LUMPUR: Permaju Industries Bhd
has teamed up with OCR Group Bhd to jointly develop a RM1bil project in Kota Kinabalu, Sabah.
In a statement Monday, Permaju Industries said its 70%-owned subsidiary Hardie Development Sdn Bhd (HDSB) has inked a memorandum of understanding (MoU) with OCR’s wholly-owned unit O&C Construction Sdn Bhd (OCCSB) to jointly develop the 44.28-hectare Princess Heights project in Menggatal, Kota Kinabalu, Sabah.
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