IT is a trite practice that after a company is wound up by the court, the affairs of the company are given to the liquidator, who plays a key role in the process. The liquidator’s responsibility is to gather all assets, properties and money of the liquidated company and distribute them fairly to the creditors and other entitled individuals, following the priority of payment principle as per Section...
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Renewed Growth in Johor’s Iskandar Malaysia Offers Property Investment Opportunities Regional development plans and an influx of investment are expected to elevate Iskandar Malaysia’s property market to greater heights. The Iskandar Malaysia corridor in Johor has seen significant progress since its inception in 2006 as the country’s first economic growth corridor. With RM368 billion worth of...
SHAH ALAM: The Shah Alam International Logistics Hub (SAILH), a development project in Section 16 here with an estimated investment value of around RM2 billion, is expected to create 5,000 new job opportunities by 2028, according to Selangor Menteri Besar Datuk Seri Amirudin Shari (pix). He said the logistics hub, fully owned by Global Vision Logistics Sdn Bhd (GVL), would be built on a 28.73-hectare...