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“The increase in UDA’s equity to RM500 million will also reduce the debt-to-equity ratio by 60.

SMI on Feb 17 announced to Bursa Malaysia that Prolexus Bhd — through Honsin and Hi-Q — had emerged as a substantial shareholder with a 10.

Through the collaboration, Mah Sing will support CECC by extending its expertise in manufacturing and property development.

Tan Sri Bashir Ahmad Abdul Majid fills the seat that was left vacant by Datuk Wira Azhar Abdul Hamid, who had resigned as chairman and director on March 7, 2022.

For the final phase, Akasia 2 will offer 112 units of two-storey link homes.

"It offers a practical solution for EPF members who are facing temporary liquidity issues by providing cash flow through personal financing but with minimal impact on their retirement savings," the EPF said.

The initiatives include the joint development of land in Teluk Dalam in the Lumut district, future joint development of hinterland for the Lumut Maritime Terminal,  appointment of Perak Corp as the master developer for part of the SilverValley Technology Park (SVTP) landbank in Hulu Kinta, and granting of development rights for a land at Bandar Meru Raya in the Kinta district for housing projects.

The project also consists of three strata shop units on level 1, four levels of podium parking, three levels of lower ground parking facilities for residents, one unit of electrical substation and one guard house.

Part of the WCE (233km) is implemented privately by West Coast Expressway Sdn Bhd, while 83km of the alignment work is financed by  government funds.

Tanco’s wholly owned subsidiary Tanco Builders Sdn Bhd (TBSB) will undertake the construction and completion of subgrade works from C2CH34+499.