The state government must explain why the Perak Umno building is able to sit on prime land by paying only a nominal premium charge of RM100 per lot, says Canning assemblyman Wong Kah Woh.

Maple Residences in Bandar Bestari Klang has a gross development value of RM500 million and will come up on 4.5 acres of freehold land.

Komtar assemblyman Teh Lai Heng said the state should not just wait for funds from the federal government or its agencies to restore and conserve the city's heritage sites but should set up its own fund with RM10 million.

S P Setia acting president and chief executive Datuk Khor Chap Jen admitted that its third foray into Australia is smaller compared to its previous two projects there, namely Fulton Lane and Parque.

Currently, users of the RM4.25 billion LPT2 do not have to pay tolls as the government is still finalising the agreement with the selected concession company after issuing the request for a proposal to manage and maintain the highway.

Based on an indicative issue price of RM1.24 per placement share, the exercise is expected to raise gross proceeds of between RM443.072 million (minimum scenario) and RM612.08 million (maximum scenario).

In a filing with Bursa Malaysia today, it was revealed that Success Tower had purchased the substantial 31.27% stake, thus becoming the largest shareholder in Ideal Sun City, which is principally involved in the project management services business for commercial and residential property development.

HR Asia Best Companies to Work for in Asia 2015 (Malaysian chapter) award recognises and honours corporations that display high levels of employee engagement and outstanding workplace cultures.

"They think that  if they do not buy today, they will never be able to afford a house.”

In a statement today, the group said the non-fulfillment will disrupt the strategic development plan and time frame that the group had for the parcel of land.