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The research house is positive on the deal, as it allows Scientex to expand its footprint and build upon its success in affordable housing in the northern part of Selangor.

“This partnership aims to create a robust infrastructure that supports its long-term vision for the region’s growth and development while incorporating sustainable elements within an ESG framework.

By leveraging EPIQ's data mapping, Scientex has achieved a 100% digitised workflow, streamlining decision-making and accelerating project timelines.

Located next to Malaysia International Trade & Exhibition Centre (Mitec), Hyatt Regency Kuala Lumpur will attract visitors from events hosted by the exhibition centre.

Highlighting the promising development potential of the land, Scientex said the proposed acquisition presents an opportunity to create greater economic value and increase earnings potential over the medium to long term.

KSI Strategic Institute For Asia Pacific economic adviser Dr Anthony Dass stated that 70% of Malaysia’s trading partners will be going to net zero by 2050.

Lee Chee Seng, chief executive officer of SkyWorld: To be named Malaysia’s best company to work for for the fifth time by Kincentric further validates our core values; ‘Dare to Lead’, ‘Let’s Talk’, and ‘Get it Done’.

Housing and Local Government Minister Nga Kor Ming: Therefore, many of our cities, especially in Kuala Lumpur, are potential slums if we do not do anything.

The purchase price represents a 45% discount to PM Holdings’ closing price of 11 sen on Thursday, valuing the group at RM102.

Currently, buses only accept Touch 'n Go cards as a payment method, whereas rail stations offer alternatives like tokens.