Suria Capital Holdings Bhd and Gabungan AQRS Bhd have scrapped plans to jointly develop a mixed development known as One Jesselton Waterfront on 6.28 acres of land in Kota Kinabalu, Sabah — six years after the agreement was inked. In a bourse filing on Thursday, Suria Capital said as there continues to be uncertainty in the current market condition due to the Covid-19 pandemic, which had impacted the construction and the tourism sectors in the State, both parties have come to a conclusion that it is no longer viable for the project to be pursued within the stipulated time and is no longer achievable due to the prevailing unfavourable economic and market conditions Read More