<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Jan 10): Shares in GDB Holdings Bhd, the main contractor of the 8 Conlay mixed development, rose 7.4% in early trade on Tuesday (Jan 10) after the company said it will now resume work on a part of the project as it has received partial payment from the project owner, Damai City Sdn Bhd, a unit of KSK Land Sdn Bhd.</p></div>

<div class=newsTextDataWrapInner><p>At 9.02am, GDB had added two sen to 29 sen, with 5.65 million shares traded.</p></div>

<div class=newsTextDataWrapInner><p>The project was previously delayed as GDB suspended work due to payment issues.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>In a statement on Monday, GDB said it would resume façade work on Tower A, and that full work on the project will resume in early April 2023, provided Damai City meets the agreed terms and settles the outstanding amounts as scheduled.</p></div>

<div class=newsTextDataWrapInner><p><em>Read also:<br />
<a href="https://www.theedgemarkets.com/node/651045" target="_blank">GDB to resume work on 8 Conlay after receiving partial payment from KSK Land unit</a></em></p></div>


KUALA LUMPUR (Jan 10): Shares in GDB Holdings Bhd, the main contractor of the 8 Conlay mixed development, rose 7.4% in early trade on Tuesday (Jan 10) after the company said it will now resume work on a part of the project as it has received partial payment from the project owner, Damai City Sdn ...

GDB rises 7.4% on resuming work on 8 Conlay

KOTA KINABALU (April 24): The Sabah government has a deficit of almost RM1 billion to carry out road repairs and maintenance works in the state, the state assembly sitting was told on Wednesday.

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US President Joe Biden’s recent polling bump in key battleground states has mostly evaporated, as a deep current of pessimism about the trajectory of the US economy hurts his standing with voters.

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(April 24): An armed ethnic group in Myanmar has withdrawn its troops from a town along the Thai border following a counteroffensive by the ruling junta, from whom rebel fighters wrested the key trading post this month, a spokesperson for the group said on Wednesday.

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<p>Capital A Bhd’s board of directors has decided to extend Tan Sri Tony Fernandes'&nbsp;tenure as the chief executive officer for another five years, and as a strategic adviser to the airlines business, which is poised to be merged into AirAsia X Bhd.</p>


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<p>Shares of DXN Holdings Bhd surged on Wednesday to its highest in more than a month as analysts continued to urge investors to buy the stock after the health supplement company’s fourth-quarter (4Q) results.</p>


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<p>Chin Hin Group Property Bhd said on Wednesday it had signed two agreements to develop two separate residential projects in Kuala Lumpur worth RM1.08 billion in combined gross development value (GDV).&nbsp;</p>


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<p>Gold’s record-setting rally this year has puzzled market watchers, as bullion has roared higher, despite headwinds that should have held it back. With prices sagging this week, the explanation may lie in China.</p>


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