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The shift could free up cash as fewer funds are being channelled back to its property development activities, Chew said.

UEM Sunrise officer-in-charge and chief financial officer Hafizuddin Sulaiman: “We focus on delivering the right products to our homebuyers at the right time.

The MOU covers UEM Sunrise’s select plots of land in Gerbang Nusajaya and Puteri Harbour within Iskandar Puteri, they said.

The first phase of the development called Residensi Akasia is part of the Rumah Selangoku affordable housing scheme and offers a total of 963 units spread across two towers.

Quarterly revenue rose 15.

Under the previously scrapped "Project Moonshot", Boustead was to transition from a diversified conglomerate into a real estate-focused entity.

The units will come with two layout options of three bedrooms and built-ups ranging from 760 to 850 sq ft.

The purchasers, which include co-owners, received RM15,922 for each unit from the proceeds, which was 2.

The group declared a third interim dividend of 1.

Part of the foundation’s “Sincerely, Setia Festive Assistance – Chinese New Year Programme” SHAH ALAM (Feb 21): In conjunction with the Chinese New Year and Chap Goh Mei celebrations, Setia Foundation, the charity arm of S P Setia Bhd lavished 50 elderly residents from Ampang Welfare Committee (Rumah Orang Tua Ampang) on Feb 10, 2025 with activities, lunch and goodies.