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MRCB said the lower earnings were due to much lower revenue contribution from its engineering, construction and environment division due to the completion of three major infrastructure construction projects last year, and the completion of two major property development projects from its property development and investment division in the first half of 2023.

Moving forward, YNH expects its Solasta Dutamas residential development project in Mont’Kiara, which has a gross development value of RM750 million, to contribute positively to the group in the next three financial years.

This will provide “a more efficient route to the main traffic artery” and “a faster connection to Solaris Mont Kiara (via Jalan Duta Kiara) and the Mont’Kiara commercial hub (via Jalan Kiara)”.

As of Aug 21, Ekovest’s issued share capital stood at RM1.

The counter was previously suspended from trading on Nov 8, 2022.

The city, along with other major urban centres, must establish and implement a comprehensive urban resilience strategy to address the impacts of various hazards, including those linked to climate change.

"Going forward, Sime Darby Property looks to add more industrial products into its mix, which are made up mostly of residential projects, landed or high-rise.

Mismatched expectations between show units and actual units have become fertile grounds for contention between developers and purchasers.

Last Friday, Prime Minister Datuk Seri Anwar Ibrahim reportedly said the government's bid to create a special financial zone in Forest City is meant to boost investment, growth and economic activities in Johor.

The commercial hub will encompass a hospital, medical mall, hotel, prime office building, convention centre, commercial retail units, service residences and a recreational park where Malay Traditional Culture and Islamic elements will be introduced in the design of the development KOTA BHARU (Aug 28): Developer Malvest Group has inked an MoU with Lagenda Tunjong Sdn Bhd to jointly develop the Tunjong Commercial Hub in Bandar Baru Tunjong, Kota Bharu, Kelantan.