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The contract was awarded by Attractive Venture (JB) Sdn Bhd, said Pasukhas in a bourse filing, adding that the physical construction period will be 12 months.

Ambrin, 74, joined Gamuda’s board in September 2018 as the construction giant’s independent non-executive director.

Moving forward, KLCCP Stapled expects the healthy economic recovery to continue into 2023, supported by the stability of the office segment and the strong footing of its retail and hospitality segments.

“As this is a prime area amongst local and international tourists, we are confident that the projects will do very well.

Masteel had completed the construction of a curtain wall of its reheating furnace which resulted in further decrease in usage of natural gas.

The question that begs to be asked is: Why were these built there in the first place? More importantly, what needs to be done moving forward to ensure the problem does not repeat itself? Building cookie-cutter affordable homes is not just doing a disservice to those who need them, but fanning a burning issue that has been around for too long.

Sedimi Property Development is 30% owned by Tech Max Construction Sdn Bhd, 20% by Lim Chee Ling, 15% each by Chen Kim Lon, Ee Cao Xian and Ng Chee How, and 5% by Shariffah Maznee Noor Osman.

The REIT, whose portfolio consists of Menara HLX, Plaza Zurich and Menara Guoco, declared distribution per unit of 0.

They include acquisition of land banks and companies, investments, project development and infrastructure costs, capital and general expenditures, as well as refinancing of Islamic financing and outstanding loan facilities.

“Moving forward, the group will continue with its efforts in making its operations more efficient and undertake various measures to reduce operating costs and improve its revenue for sustainable long-term growth.