News about ban

The project comprises 178 landed 2½-storey townhouses, with a lot size of 24ft by 65ft and a built-up area of 1,200 sq ft.

Our concerns regarding the proposed URA are well founded and highlight critical legal and constitutional issues.

“Under the proposed Act, the government has no right to relocate any owners.

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.

Sim Leisure announced on Dec 19 that it had received a notice of termination over the project.

The proposed IPO involves a public issue of 132 million new shares and an offer for sale of 59 million existing shares at a price to be determined later, according to its draft prospectus filed in October 2024.

With this acquisition, Metro Healthcare said it is committed to enhancing access to high-quality OB-GYN services in Malaysia, particularly in high-demand urban locations.

Glomac group managing director and CEO Datuk Seri FD Iskandar Mohamed Mansor said the programme would fortify the group’s financial reserves and enhance its ability to seize land banking opportunities.

The sale of the land by Matrix Concepts' 85%-owned subsidiary, N9 Matrix Development Sdn Bhd, to Kuntum Kemuning Sdn Bhd, a company involved in property investments, is deemed a related-party deal as Matrix Concepts’ managing director Ho Kong Soon is also the sole shareholder of Kuntum Kemuning.

The contract was awarded to its wholly owned unit Kitacon Sdn Bhd by Sime Darby Property (BBR3 Asset 1) Sdn Bhd, a wholly owned subsidiary of Sime Darby Property Bhd (KL:SIMEPROP).