Kossan Rubber Industries Bhd is tying up with the Malaysian Rubber Board (MRB) to develop rubber products for civil engineering and construction for commercial evaluation. Under the three-year agreement, the parties also agreed to enter into a separate agreement for the commercialisation of rubber products or technology from this collaboration. The Inland Revenue Board (IRB) has sent notices to Mega First Corp Bhd's unit Idaman Harmoni Sdn Bhd for additional taxes and penalties totalling RM22.8 million. Ho Hup Construction Company Bhd has been awarded a subcontract worth RM32.4 million from Adegan Senandung Sdn Bhd to construct immigration quarters in Pengkalan Hulu, Perak. Adegan Senandung Sdn Bhd is a private limited company and a Bumiputera contractor that is principally engaged in civil construction works.

Source: The Edge Markets October 05, 2016 15:33 UTC