The sukuk, which has a tenure of five years, will also be used for general corporate purposes of the group and/or of any joint ventures, as well as to refinance any existing borrowings.

Given the international scale and breadth of our operations, our ability to address and manage these factors remains of paramount importance.

Yeoh said Malaysia is a relatively young nation with a high urbanisation rate, factors which will drive demand for housing and infrastructure development.

KW launched three technology applications this year to simplify the home-buying process and equip its agents with the tools to leverage market data to better advise their sellers and buyers.

The research house said the results were within the house (103.2%) but exceeded the consensus (105.7%) full-year forecasts.

The fair is expected to draw more than 250,000 visitors.

Kee was also a former managing director of NWP Holdings Bhd. 

Idaman Melur will comprise high-rise affordable residential homes starting from RM250,000

Parkson Holdings Bhd’s 54.97%-owned subsidiary, Parkson Retail Group Ltd (PRG), said its shareholders have given their approval for the disposal of commercial properties in Qingdao, China for 280 million yuan (RM182 million).

Building materials and machinery company Knusford Bhd is disposing of a commercial land in Ulu Langat, Selangor to electric, building and general contractors LKC Ventures Sdn Bhd for RM14.63 million cash.