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The construction group said it is buying Deluxe Mission Sdn Bhd from its sole owner, Soon Boon Fei, for RM8 million.

As the SPA had lapsed, UEM Sunrise said the vendor Nipponkey Sdn Bhd will refund its indirect wholly owned subsidiary Lucky Bright Star Sdn Bhd the deposit, including any interest accrued, within 14 days.

The group said it is acquiring the stake in Gplex Properties Sdn Bhd from Googolplex Holdings Bhd, which will still own the other 49.

“Through the programme, the government’s aim should be to help the industries and the nation’s economy recover, so companies can offer more jobs to more workers and be profitable to pay taxes.

"Members of the public will be able to view the detailed information on the proposed MRT3 Project and are encouraged to provide their feedback.

Market will grow as there is stability in the country Secondary market is expected to perform from pent-up demand The Malaysian property market is expected to improve in 2023 as long as the fundamentals and government’s support through incentives are in check, according to the Malaysian Institute of Estate Agents (MIEA).

The combined proceeds raised from these three rounds of disposals — RM234.

IJM said that throughout his 27 years of service with IJM, Lee had held a variety of executive, operational and project leadership roles.

According to Country Heights' Bursa Malaysia filings, Lee has resigned to cater to a change of management for the group’s transformation.

“Moving forward, the group will continue with its efforts in making its operations more efficient and undertake various measures to reduce operating costs and improve its revenue for sustainable long-term growth.