Construction and property firm Kerjaya Prospek Group Bhd (KL:KERJAYA) has announced two major property moves—a RM112.8 million acquisition of land in Kuala Lumpur and the formation of a joint venture (JV) for a mixed-use development in Penang.
Noteworthy:
When: January 2025
This initiative is part of the government’s strategic effort to address the rising demand for sustainable and well-equipped housing, particularly for civil servants.
However, the case could be reopened if new evidence or information emerges.
The notice was required to allow SRS Consortium Sdn Bhd, as the main public work contractor for Package 1 of the project, to start according to the plan and schedule.
Prasarana group chief operating officer Amir Hamdan will take over as acting president and group CEO from July 15, 2025.
The same applies for low-voltage users that were registered under the Net Energy Metering (NEM) 2.0 scheme of 2019-2020.
PetGas reiterated its ongoing commitment to full transparency, continuous improvement, as well as care for those affected.
Amirudin said the move is part of a learning process, and a necessary follow-up action in response to the incident that happened on April 1.
HLIB said global trade policy uncertainty is likely to remain elevated as Malaysia nears the end of its 90-day negotiation with the US.
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