The project involves the building, infrastructure and landscaping works of the proposed development in Taiping, Perak.

Demonstrating “strong demand for residential units” within the award-winning township.

According to Sierac, the move will enable it to diversify its business into property development, which in turn will reduce its reliance on the business of trading of steel-related products.

Najib said Malaysian government-owned MyHSR Corp Sdn Bhd had started the land acquisition process for the project.

Earlier this year, WCT had raised about RM178 million.

Managing director Datuk Tan Say Jim has today resigned from his post in conjunction with his mandatory retirement at age 60.

AZRB said its year-to-date contract wins have increased to RM502.5 million, pushing the current unbilled orderbook to RM4 billion.

“I believe that with the right design, pricing, and at the right time, we will continue to attract customers.”

In August, the group announced its maiden project in the Klang Valley property market.

“We as property agents need to make use of all the platforms that are available for us to reach out to our potential clients."