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This slashed Ho’s shareholding to 35.

The three residential apartment blocks will comprise a total of 794 free-cost residential units, along with a facility floor, swimming pool, eight floors of podium car park, a guard house, and a Tenaga Nasional Bhd 11kV main switching station.

Meanwhile, apart from overcapacity, Misif has identified low green technology adoption and limited access to quality scrap as among issues that the industry is facing.

Nevertheless, Lim said the local steel industry is still challenging as it is grappling with overcapacity issues, which led to low capacity utilisation at an average of 39.

"The Country Heights Group has faith and trust in the administration of the OR, and we have already deposited 10% of the total PoD as of February 2024, amounting to RM 380,000 while waiting for the final admission of PoD.

The elected deputy president was Kenneth Liew Kiam Woon of LFE Engineering Sdn Bhd.

The facility will have a floor area of 166,300 square feet and will be located beside the current ViTrox Campus 3.

“Our partnership with EdgeProp allows us to utilise advanced tools like EPIQ, which provides real-time market data, property insights and analytical tools.

This comes after the conclusion of Datuk NK Tong’s two-year term, which ended in June.

PHBAM, the wholly-owned subsidiary of Pelaburan Hartanah Bhd (PHB), is replacing Maybank Asset Management Sdn Bhd (MAM) as the manager for AHB fund.