The lower consent threshold required for an en bloc sale in the proposed legislation would only allow negotiations with property owners to begin, Anwar said.
Of these, 782 applications were approved under the updated MM2H programme, involving 319 principals and 463 dependents.
The final cost of the Penang Light Rail Transit (LRT) project has yet to be determined, as it depends on the ongoing procurement process and tender results for civil works and turnkey systems, said Transport Minister Anthony Loke Siew Fook.
Kumpulan Kitacon Bhd (KL:KITACON) announced on Monday that it has secured a RM104.3 million building works contract.
IOI Properties Group (KL:IOIPG) may be added to the FTSE Bursa Malaysia KLCI — the top 30 largest stocks by market capitalisation — by late 2025 or 2026, according to Hong Leong Investment Bank (HLIB).
Ahmad Zaki Resources Bhd (KL:AZRB) has redesignated group managing director Datuk Seri Wan Zakariah Wan Muda as its executive vice-chairman, effective immediately.
Companies in Malaysia can secure validated end-user designations by adhering to US standards on security, cyber resilience, and human rights, the property developer said.
The third segment could be valued at RM4 billion.
Risks are building up towards an earlier rate hike due to Malaysia's removal of RON95 petrol subsidies, according to BMI, a Fitch Solutions company, though it officially forecasts the rate to remain unchanged this year.
Malaysia and Singapore reaffirmed their commitment to revamp the Joint Ministerial Committee for Iskandar Malaysia (JMCIM) to better support the Johor-Singapore Special Economic Zone (JS-SEZ).
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