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The sustainability sukuk is priced at a yield of 5% with a periodic distribution of 5% per annum.

GEM Residences also consists of 15 commercial units on the ground floor which are to be leased out.

"We have given the commitment to signing the supplementary concession agreement, so that they can plan to invest in their assets.

Ho will continue to serve as executive director of the company until March 31, 2024 to facilitate a smooth transition.

Some of the brands are Jaya Grocer, Harvey Norman, The Coffee Bean & Tea Leaf, Nak Nak, Inside Scoop, Kenny Hills Bakers, Jibby & Co, Chica Bonita, Sushi Zanmai, Para Thai, Super Saigon, Dolly Dim Sum, Watsons, Toys“R”Us, Twigs Bookshop, Lavender Bakery, Nyonya Colors, Ali, Muthu & Ah Hock, The Bike Artisan, Pets Wonderland and Happy Fish.

Loke said the supplementary concession agreement is seen as a win-win situation between ERL and users, where the best service can be provided by ERL without burdening the operation in terms of costs.

“Landed residential is Sime Darby Property’s forte.

Rapid Synergy said the land in question is a freehold piece of land that was amalgamated from three parcels in Sri Hartamas here.

Of the RM100 million contract value, RM92 million is the contract price while the remaining RM8 million is the optional items price.

YNH Property was the third most active stock with a trading volume of 233.