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“As a result of the blacklisting, these developers will be ineligible to apply for new licences until they have settled their outstanding fines.

CIMB Securities said in its note that the domestic focus on the sector makes it relatively attractive to foreign investors.

The contractor, Geopancar Sdn Bhd, had initiated the adjudication to claim payments for substructure works for a project known as Flex @ Bukit Jalil City, undertaken by Ho Hup's wholly-owned unit Bukit Jalil Development Sdn Bhd (BJD).

While acknowledging the need to address the long-standing landfill issue, residents argue that the developer’s plan to reclaim a large portion of coastline for recycling machinery is unnecessary and contradicts established scientific practices.

Bursa Malaysia Securities granted the extension after IWCity sought more time to finalise the regularisation plan from the original deadline of March 24.

The properties, located on levels five and six of Ho Hup Tower in Plaza Bukit Jalil, are being sold to Premium Realty Sdn Bhd and Sensecube Sdn Bhd respectively, both of which are wholly owned units of Insas.

The job involves the construction of four blocks of apartments of between 30 and 37 storeys high and one block of a five-storey podium with shop offices.

TRX Residences has staked a prominent claim in the nation’s capital city’s skyline with its unmistakable curtain wall façade and skybridge.

E Trend Realty achieved a total commission payout of RM45 million, representing a 45% year-on-year increase in 2024.

The company told Bursa Malaysia on Thursday that its audit committee convened a meeting on March 25 to receive an update from Messrs UHY on the draft special independent review (SIR) report.