ECRL can proceed with better terms
Prime Minister Tun Dr Mahathir Mohamad said Putrajaya does not think that the project “should cost RM55 billion” as announced.
Prime Minister Tun Dr Mahathir Mohamad said Putrajaya does not think that the project “should cost RM55 billion” as announced.
This is after nearly a decade of delays in project execution.
The government will, however, take a different action if it discovers something wrong was done in a contract.
“If the rakyat wants us to proceed, then we will proceed."
It is expected to be completed by June 2021.
"The impact of [US President Donald Trump's] tariff [plans] should be fairly neutral to the property players.”
Tower A is one of two office towers in the Pacific Star project.
On Jan 19, Acme had proposed a private placement of up to 21.85 million shares, representing 10% of its issued share capital.
Sime Darby Property is targeting to launch another 1,900 units in Selangor and Johor.
Group banking on property segment — particularly Mizumi Residences in Puchong — to return to the black.