Man declared bankrupt over RM15mil in tax arrears

KUALA LUMPUR: A 51-year-old man has been declared bankrupt for failing to settle over RM15 million in income tax arrears accumulated over seven years. Inland Revenue Board (IRB) counsel Qhistina Mohd Apandi said the order was granted after the High Court yesterday dismissed Sayyid Shah Abdullah’s application to stay bankruptcy proceedings filed by the government.…

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‘Deeply sorry’: Award-winning firm collapses

Open Projects Group has been placed into liquidation. A major South East Queensland construction firm employing more than 75 staff has been forced into liquidation, abruptly shutting its doors and leaving workers facing an uncertain future. Open Projects Group (OPG), described as the region’s largest full-service shop-fitting company, was placed into liquidation by creditors this…

No Material Developments Amid Compulsory Liquidation (January 2026) 1 – Minichart

Boldtek Holdings Limited – Monthly Update in Compulsory Liquidation Key Highlights from the Latest Announcement Boldtek Holdings Limited remains in compulsory liquidation. No material developments reported since the last update. Trading in company shares has been suspended since 16 January 2023. Investors are advised to exercise caution and consult professional advisors. Detailed Report Boldtek Holdings…