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The project has a gross development value of RM228 million, offering 500 serviced apartments within a 33-storey tower, with built-ups ranging from 572 to 1,065 sq ft.

The curriculum is run as a fully sponsored community project by Yayasan Gamuda, and is open to students, graduates, professionals and start-up founders up to the age of 40, who have an interest in learning AI.

The proposed IPO involves a public issue of 132 million new shares and an offer for sale of 59 million existing shares at a price to be determined later, according to its draft prospectus.

The leasehold land, measuring 23,512 square metres at Tampines, will be used for a mixed commercial and residential development.

This is the second subcontract KJTS received from Sunway Engie within a month.

The company, which is 57.

AREA has also signed an option agreement with Northern Gateway to acquire another 126 acres in the same location for the second phase of ADCC two years later.

The Edge reported last year that the High Court had set aside a corporate voluntary arrangement (CVA) by True Renaissance Development Sdn Bhd for the Empire Remix development.

Once finalised, together with ITRAMAS Corporation Sdn Bhd (ITRAMAS) and CMEC, these five companies will occupy a combined land size of 40 acres in the RE Industrial Park as the RE off-takers.

They include Rumah Idaman and Rumah Selangorku Harapan while the exemption does not apply to open market and other sub-sector projects.