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In a filing with Bursa Malaysia on Wednesday, the property developer said the total gain from the disposal of the 15 units is higher than the total original investment cost by approximately RM9.

On its property business, Gadang said the division’s unbilled sales had risen to RM290 million as at 1QFY2024, providing earnings visibility over the next few years.

Distributable income for the quarter under review grew 29% to RM28.

Bukit Bintang Member of Parliament Fong Kui Lun pointed out that the Penang LRT project, spanning 23 stations, is estimated to cost RM10 billion, while the five revived stations under LRT3 will cost RM4.

Datuk Seri Fateh Iskandar Mansor said it is not the best time for the government to implement such measures as the local property market is slowly recovering from the Covid-19 pandemic and headwinds from rising inflationary pressures.

PLANMalaysia has conducted a series of engagements with stakeholders including federal government agencies, state and local authorities, online travel platforms, hoteliers and host associations.

HexTech group chief executive officer/executive director Datuk Eddie Ong Choo Meng: What makes us special is that we don't offer our own products or services; instead, we collaborate with partners to mutually grow their businesses.

Renaissance Kuala Lumpur Hotel & Convention Centre will be part of Marriott International's first dual-branded property under the Marriott Bonvoy travel programme in the country, as the hotel will be sharing an address with the Four Points by Sheraton Kuala Lumpur, City Centre, which is slated to open this quarter.

With a gross development value (GDV) of RM200 million, the Lifestyle Suites tower comprises 651 small office units and priced from RM240,000.

In a Bursa Malaysia filing on Tuesday, the group said it has secured the 17 months contract from Schneider Electric France.