The company, the largest rare earths producer outside of China, is required to construct new plants in Australia to process raw materials and in Malaysia to store waste.

ECERDC chief executive officer Baidzawi Che Mat said this new landmark is the pride of Kuantan and Pahang, being the tallest tower in the East Coast of Peninsular Malaysia and the second tallest tower in Malaysia after KL Tower.

If this pans out, the interim prime minister said he would establish a non-partisan national administration to govern the country in the “best interests of the people”.

Pakatan Harapan statement: “Pakatan Harapan remains committed to the aspirations and mandate from the people to steer this country to a better direction economically, politically and socially. We will not betray this trust.”

In a statement today, the developer said local project sales stood at RM4.01 billion, contributing about 88% of the overall sales in FY19. The remaining RM543 million or 12% of sales were from international projects including UNO Melbourne in Australia, Daintree Residence in Singapore and EcoXuan in Vietnam.

"We uphold the desire for national reconciliation where MPs will prioritise the people's aspiration and national agenda."

The economic package aimed to stimulate Malaysia’s economy and mitigate any adverse repercussions arising from the COVID-19 outbreak and other external uncertainties.

Coalition will “remain true to this pledge to fulfil the Pakatan Harapan agenda to reset nation-building policies for Malaysia to return to the founding principles of the Malaysian constitution to ensure unity, justice, freedom, excellence and integrity in Malaysia”.

Residensi Lanai is a 29-storey condominium with 5-storey podium car park built on a 2.56-acre freehold site in Bukit Jalil.

In a commentary today, Moody’s Analytics chief economist Mark Zandi said the US economy is more insulated from the impact of the virus, but it is not immune, and it too would likely suffer a downturn in this scenario.