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Ekovest and Knusford also said that they have not ruled out the possibility of reviving merger discussions in the future.

The Mayland partnership will focus on activating JLand-owned land in Johor Bahru through joint ventures aligned with the JS-SEZ.

No details were disclosed on why the RM450 million deal was not concluded within the stipulated timeline.

Instead of minimising abandoned housing projects, the HCGS would potentially be counter-productive, because it would be akin to guaranteeing developers’ profit, even if they run away.

Park Regent, Kuala Lumpur condo unit sold for RM11.

The improved earnings were mainly driven by the contribution from its seven KIPMalls and its four industrial properties, as well the newly bought D'pulze Shopping Centre and TF Value-Mart.

HI Mobility said contrary to the claims made in the media reports, all salary payments to its cross-border bus drivers have been made in full and in accordance with the terms of their employment contracts and in compliance with statutory regulations.

In a bourse filing, the company said former CEO, Datuk Loh Yuen Tuck has agreed to a consent award, under which Sentoria will pay RM142,800.

The units were priced at 61 sen apiece with 409.

News reports said a number of bus drivers refused to ferry passengers and staged a walkout early on Monday morning at the Johor-Singapore Causeway following a recent wage cut.