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He added that RE accounted for about 60% of green investment up to 2019, while EVs contributed 58% from 2020 to 2023.

This contract is deemed as a recurrent related party transaction, as Datuk Tee Eng Ho, the non-independent non-executive chairman and major shareholder of Kerjaya Prospek, also serves as the executive chairman and major shareholder of Eastern & Oriental Bhd.

The Institution of Geospatial and Remote Sensing Malaysia said that the legislative amendment’s criteria is currently unclear and would affect the livelihoods of geomatics practitioners from various fields as well as other related professionals.

In a bourse filing, the group said the disposal of the land, located in Taman Mastiara, off Jalan Ipoh, presents an opportunity to generate cash flow for its development projects.

The newly opened facility, which was completed in 2023, is twice the size of Insulet’s highly automated manufacturing facility in Acton, Massachusetts, which is where the company is headquartered.

The contract involves construction of main building works and external works of the Sultan Azlan Shah Campus, owned by the Sultan Idris Education University, in Tanjong Malim, Perak.

Phase one of the development project will consist of over 270 factories, and it will be the first solar-ready industrial park in the region, the two firms said in a joint statement.

The Rapid DRT service was launched in Penang on Aug 1, with one route using two vans.

The sale is expected to be completed by the first quarter of 2025.

“Major developers remain confident on the long term outlook with Johor continuing to be an important market.