The total rental amount will be RM58.63 million for the tenure of 12 years.

Preliminary investigations revealed that the man had allegedly received millions of ringgit in kickbacks from a company as an inducement for helping to secure the project through direct negotiation from the Ministry in August last year, the source added.

The project, which the group said is its largest ever, will entail the construction of the affordable homes on 36.6 acres of land across four sites in Shah Alam, Selangor, namely one site located in Seksyen U8 and the remaining three sites in Seksyen U17.

And with no new fatalities reported, the death toll remained at 121 — unchanged for the 24th day in a row — representing 1.39% of total infections.

Deputy director-general (school operation sector) Adzman Talib said parents can decide against sending their kids to school even as they reopen but an official letter must still be given to inform the teachers of such a decision.

In a note today, Affin Hwang analysts Azhani Hashim and Isaac Chow said they expect the OPR cut to have a minimal impact on earnings of MREITs this year as most of the REITs under coverage, such as Axis REIT, IGB REIT, KLCCP Stapled Group and YTL REIT, had pegged a majority of their borrowings at fixed rates.

“Elsewhere, PREITs and SREITs have fixed rates for 43% of their borrowings,” they added.

The 1.75% OPR is the lowest since the floor was set 16 years ago. Yesterday, BNM made its fourth rate cut this year, with a cumulative 125bps slashed so far.

Zhao Yaqi’s advice for married men: Please control yourself. Please have a sense of responsibility and do not get single women into trouble! I know the world outside (your marriage) is exciting but if you’re married, please stop right there

Health minister Professor Sophia Chan Siu-chee: Now within a short period of time, we have seen multiple local cases with unknown sources of infection… It reminds all people in Hong Kong that we should not drop our guard.

"The decision to reduce the OPR is aimed at accelerating the rate of recovery and further stimulating the country's economy," said Finance Minister Tengku Datuk Seri Zafrul Aziz.