Bertam said the MoU allows the two parties to negotiate exclusively for at least six months and sets out the parties' understanding and intention in respect of the proposed regularisation plan.

“We wish to clarify that the board of directors has not made nor received any corporate proposal as reported in the media from any party for its consideration.”

Only 23.96%, representing 22.07 million shares, voted in favour of the resolution, while 76.04% or 70.03 million shares voted against it. 

The initiative will be led by it’s Malaysian subsidiary CPCG Holdings Sdn Bhd, which had inked a MoU with Terengganu Jiangsu Trade Organisation.

The 4.38-acre development located at Taman Wahyu, Kuala Lumpur, offers 1,003 condominium units spread over three 43-storey blocks.

Zuraida observed that the bank approval rate for the affordable homes’ purchase has also improved.

Justice Mohd Nazlan ruled that the reasons stated by the prosecution, led by former Federal Court judge Datuk Seri Gopal Sri Ram, to delay the trial were truly unnecessary and unjustified, as there are other deputy public prosecutors who can handle Mohd Isa's graft case.

KL and Penang occupancy rates above 80%

Underpinned by the strong GDP growth in the second quarter at 4.9% and several government-driven initiatives to further support the market activities in the housing sector.

Shahrol, the ninth prosecution witness who is expected to provide vital evidence and testimony in the 1MDB-Tanore trial against Najib, said he saw how Jho Low had demonstrated several times that he had easy access to the sixth prime minister and was "looking after Najib's interests from the start".