The sale of Vista Tower is the final component within the The Intermark integrated development in Jalan Tun Razak to be sold by BlackRock Inc.

Mobike has partnered with S P Setia Bhd to launch its dockless bike-sharing service in its flagship Setia Eco Park township at Shah Alam.

On Jan 20 this year, Hamdan was nabbed by the Malaysian Anti-Corruption Commission following allegations of graft relating to an e-passport contract with the Republic of Guinea worth RM739.21 million.

The HDB yesterday said that it would implement PBUs in 60% of the flats launched in 2017, before extending this to all projects launched by 2019.

No final decision had been made yet, says managing director.

Hamdan had been deputy MD of Iris for four years since Aug 27, 2013.

The latest remark by the bank-backed investment firm came as it maintained a “market weight” stance on the country’s real estate investment trust landscape, “given the lack of compelling catalysts in the near term”.

This is the property’s most significant overhaul since opening its doors in 1993, and will entail building new components besides refreshing existing facilities.

Shares in the REIT rose 0.5 sen to last trade at 95 sen as at 2.12pm with 100,700 shares done.

Following the acquisition, the group will continue to tender for more construction projects.