The project was previously delayed as GDB suspended work due to payment issues.

The property consultant firm reckons that the residential property market is expected to face some headwinds and challenging conditions in 2023.

Radium said that since 2013, it has delivered high-rise residential projects worth RM1.49 billion in GDV, all strategically located within Kuala Lumpur.

Edgenta Propel Bhd, a unit of UEM Edgenta, is the sub-contractor of the MRT2 project.

The corporate exercise will involve issuance of up to 965.4 million rights shares and up to 579.24 million warrants, whose exercise price is fixed at 20 sen each.

OCBC Malaysia is the sole sustainability structuring adviser for Gamuda’s maiden ESG-linked holistic financing solution totalling up to RM550 million.

The research house said three diversified contractors, namely Gamuda Bhd, IJM Corp Bhd and Malaysia Resources Corp Bhd (MRCB), are of the collective view that the MRT3 project would proceed.  

Without a doubt, iMAZING Realty has big plans for the future, and with EdgeProp’s ready capabilities, the former is confident of bringing the plans to fruition.

Apex Court held that the ‘threshold’ under Section 96 of Courts of Judicature Act has not been met. Hence, ‘leave of court’ to escalate to Apex Court denied.

Tan Ching Peng, 60, and Tan Siew Moi, 57, were charged with three counts of misappropriation of property amounting to RM220,000 involving Rekabina Construction Sdn Bhd in December 2020, January 2021 and September 2021. All offences were committed at Kota Kemuning, Shah Alam.