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The project will comprise 38 turbines with a generating capacity of 228 megawatts when the wind farm begins operations in 2027, Gamuda said in a statement.

In a filing with the stock exchange, the group said the bonus shares will be issued as fully paid, at no consideration and without capitalisation of the group’s reserves.

With the launch of the NSRF, Malaysia joins more than 20 jurisdictions around the world, representing a collective global gross domestic product (GDP) of 55%, which have adopted or are moving towards implementing IFRS S1 and S2 standards, pertaining to sustainability and climate-related financial disclosures.

An initial quota of 150MW for NEM Rakyat was fully taken up in November 2023, alongside the initial 800MW for commercial and industrial segment dubbed NEM Nova.

IOI Properties group chief operating officer Teh Chin Guan: "With three industrial parks, including one under planning, in industrial growth areas such as Johor, Selangor and Melaka, I am confident that the launch of the IOI Industrial Park series readily positions the group as one of the premiere industrial developers in the country.

According to the trust, the proposed divestments are in line with the manager’s strategy to “rejuvenate” its portfolio through selective divestments SINGAPORE (Sept 10): Mapletree Logistics Trust (MLT) has proposed to divest three of its properties in Malaysia for RM157.

DONE DEAL: Terrace house, The Mansions, Desa ParkCity, Kuala Lumpur DONE DEAL: Semidee house, Flora Ville, Skudai, Johor During 2022 and 2023, average transacted prices for landed properties in Seri Kembangan, which includes Taman Bukit Serdang, increased by 86.

It consists of 811 units of double-storey houses with prices starting from RM250,000.

“This is intended to achieve [the city’s] target of 40% affordable housing units by 2040.

“Urban regeneration is a process that takes time and involves multiple stakeholders coming together.