The facilitation fund aims to help bridge the private-sector viability gap with respect to projects that have a strategic impact and those with huge economic spillover effects.
The group announced that Nadi Embun Sdn Bhd (NESB), which is a 70%-owned subsidiary of Nadi Cergas Development Sdn Bhd that is in turn 70%-owned by Gagasan Nadi Cergas, has entered into a development rights agreement (DRA) with MBI to develop the freehold land in Serendah. The land would be developed into 108 units of two-storey terrace houses and 40 units of Rumah SelangorKu (RSKU) townhouses.
Year-on-year, the May 2020 labour force recorded an increase of 71,700 persons
Matrix Concepts founder and group executive deputy chairman Datuk Lee Tian Hock said the company had during March 18 and June 30, 2020 received RM827 million worth of real estate bookings from buyers despite Malaysia’s Movement Control Order (MCO) to curb the Covid-19 pandemic.
"In life, never say never to anything," replied Khazanah's managing director (MD) Datuk Shahril Ridza Ridzuan when asked if the proposal on merger between Malaysia Airlines and AirAsia was off the table in an interview with Bloomberg TV.
Nur Ismal was CEO of MyHSR from 2015 to 2019.
Of the two new cases found today, one was detected in Kuala Lumpur and the other in Sabah.
UOA Development's 1QFY20 sales, amounting to RM114.8 million, came in below its expectations of RM963 million (12%) mainly on the back of sales at United Point Residence and The Goodwood Residence.
The company's priority is to ensure that its cash flow is maintained, which involves tenants being able to continue operating at its malls.