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EBP 7 is 55% owned by Eco World Development Group Bhd (KL:ECOWLD), 30% by SD Guthrie, and 15% by Negeri Sembilan state agency NS Corporation.

The proposed facility with a storage capacity of two million pallet positions is aimed at accelerating the group’s expansion into logistics automation.

Tong noted that while the mandatory afforable housing quota is well intended, a blanket requirement often results in a disconnect between supply and demand.

“These appointments are in line with Setia's robust leadership talent agenda, as the company continues to advance internal talents and attract external high-calibre professionals to augment its leadership team,” stated S P Setia.

Under the SPA, Pharmaniaga Logistics has already paid a 10% deposit of RM3 million, with the remaining RM27 million to be settled in installments as stipulated in the agreement.

MPI said the acquisition will deepen collaboration with Infineon, its key customer, and expand its semiconductor assembly and testing capacity.

Distinctively built to complement its picturesque surroundings, Park Regent is a carefully crafted luxury condominium project situated on the precious parcel next to the Central Park and Central Lake of the international award-winning township of Desa ParkCity in Kuala Lumpur.

Phase 1 will see BYD as the anchor investor at KLK TechPark with a 150-acre facility.

Serai Bukit Bandaraya, Kuala Lumpur condo unit sold for RM8.

The call follows the release of the National Property Information Centre’s market snapshot for the first half of 2025 (1H2025), which highlighted weak absorption of new residential launches and a growing overhang in the high-rise segment.