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Ibtec is a 7,290-acre master-planned township envisioned as Southeast Asia’s first circular city, integrating advanced industries with low-carbon, sustainable living.

The share disposal comes as CMSB grapples with weaker financial performance.

The Cold Storage store will anchor the first phase of The Tenz.

GameOn was recognised by the Malaysia Book of Records as Malaysia’s fastest-growing entertainment centre, earning the award for “Most Edutainment Centres Launched in a Year” with the opening of eight outlets in 18 months.

One noted the lack of incentives for the property market and expected it to move steadily on its own steam again into 2026.

“MBAM commends the government’s proactive measures in Budget 2026, which prioritises key infrastructure projects and underscores the critical role of the construction sector in driving Malaysia’s socio-economic development, particularly in transportation and housing.

As cities absorb burgeoning populations, they are increasingly vulnerable to social and climate-related pressures ranging from inadequate infrastructure to public health crises.

“With Sunway Cochrane, we are setting a new benchmark for transit-oriented developments (TODs) in Kuala Lumpur by placing direct MRT access, GreenRE compliance, and future-ready features such as electric vehicle (EV) charging at the heart of the design.

The funds may also be used to finance projects, investments and asset acquisitions, as well as cover related fees and expenses, according to its filing with Bursa Malaysia on Wednesday.

The MOU follows Golog’s recent strategic cooperation agreements with China Henan Aviation Group Co Ltd that were signed on Sept 18 to strengthen industrial park development and enhance air cargo capacity between China and Malaysia.