How Urban Renewal Act proposals contravene Federal Constitution
Our concerns regarding the proposed URA are well founded and highlight critical legal and constitutional issues.
Our concerns regarding the proposed URA are well founded and highlight critical legal and constitutional issues.
As of Dec 31, the group's outstanding order book was RM1.
Shareholders of the company will receive one bonus share for every existing share held, the company said in a filing.
Sales reached an all-time high of RM4.
A majority of KL’s incoming supply of new projects will be priced RM300,001–RM600,000, which is approximately 37% of the total supply.
“Under the proposed Act, the government has no right to relocate any owners.
Under the previously scrapped "Project Moonshot", Boustead was to transition from a diversified conglomerate into a real estate-focused entity.
According to the draft, the consent threshold for participation is as follows: 80% for buildings of 30 years, 75% for buildings more than 30 years, and 51% for abandoned buildings.
Under the contract, Exsim Concepto will serve as the nominated sub-contractor for interior design works covering common areas and unit carpentry for the 42-level serviced apartment, which features 508 residential units, three strata shop units, and various facilities.
Construction started in October 2023, and the hotel is scheduled to open in the first quarter of 2026.