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“The framework provides transparency and disclosures in terms of the relevant governing and decision-making processes employed by TNB in undertaking SFTs taking into consideration relevant environmental and social risk management in accordance with available best market practices in support of TNB’s overall sustainability strategy and Energy Transition Plan, thereby promoting overall credibility of such transactions undertaken.

It said these incentives, which aim to establish Forest City as a hub for family offices, are projected to attract local and international investments, fuelling demand for property and creating job opportunities over the long term.

The proposed acquisition will be a key component of NCT’s growth strategy in Sabah as the group seeks to expand its property development business in the state, said its executive chairman Datuk Seri Yap Ngan Choy.

The factory, identified as Type Cm, sits on 2,633.

Under the partnership, RHB Bank will provide preferential mortgage margin of financing of up to 95% + 5% (mortgage reducing term assurance or mortgage reducing takaful term) for buyers of green residential projects with green certification by OSK Property, namely Alia @ Mori Park in Shah Alam and NARA at Shorea Park in Puchong.

Structural completion marks major milestone, setting the stage for final construction phase — with an anticipated completion on February 2027.

There is a need to consider the relocation of regulations with regard to building manager and building management from the MOF to KPKT; so as to restore a balanced property industry ecosystem, where each individual stakeholder strives to look for ways to collaborate and leverage the power as a whole, in such a way to create a constantly evolving relationship not only to survive but to thrive.

If there was any lingering doubt … it is now completely exonerated by the latest Federal Court decision, which endorsed the High Court decision and reinforced the developer's obligation to provide such utility facilities.

The construction firm said its wholly-owned TSR Bina Sdn Bhd had accepted the contract from Sime Darby Property Bhd.

Bina Darulaman said the transition “will not affect BDB’s financial integrity” as KPMG has not audited BDB’s financial reports for the financial year ending Dec 31, 2024 (FY2024).