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​ The proposed acquisition, initiated on Oct 28, 2023, involves the purchase of a 70% stake in CRSB for a consideration of RM1.

Mayu Global assured that the freezing of the accounts are not expected to have a material financial or operational impact on the group, based on an assessment of its financial position, cash flow projections for the next 12 months, and the availability of hire-purchase facilities.

“While standards are still being developed, procurement policies can start by requiring purchase of the lowest emission steel available,” Miti said.

Some of these mechanisms will limit the emissions of each steel manufacturer, after which the permits can be traded among themselves, creating a price for carbon.

Dormant licences will be revoked, and future approvals will be subject to stricter criteria, including market conditions, technology adoption, and alignment with low-carbon objectives.

The project’s primary scope involves constructing a 34-storey serviced apartment tower with 748 units, a sub-basement service plant, multi-level parking facilities, and public amenities on the 10th floor.

The bulk of overhang across key states in the recent months was made up of the mid-range, and even condo units which are considered within the affordable price brackets, i.

The contract was awarded to the group’s wholly owned subsidiary, Inta Bina Sdn Bhd, by Eco Majestic Development Sdn Bhd.

This soft opening of Majestic Labs marks a new phase for the 1,089-acre Eco Majestic township, which is planned to grow further with Labs 2 in the next three years, depending on market demand.

This event showcases the vibrancy of Kuala Lumpur through Malaysian heritage experiences, artisanal showcases and digital engagement, alongside shopping rewards at BBCC KUALA LUMPUR (Sept 26): Eco World Development Group Bhd, in collaboration with Xiaohongshu, today launched the “吉隆坡薯你会玩” Cuti-Cuti Kuala Lumpur Red Dot Event—a month-long cultural and lifestyle celebration at Bukit Bintang City Centre (BBCC).