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GDB said it would resume façade work on Tower A, and that full work on the project will resume in early April 2023, provided Damai City meets the agreed terms and settles the outstanding amounts as scheduled.

"Local economists believe that Malaysia will not enter a recession, although the rate of growth is expected to slow down.

Radium said it is currently developing projects with a cumulative GDV of RM1.

As at Nov 30, 2022, AZRB said discussions were still ongoing and as such, AZSB did not make payment that was due.

Classita said it aims to raise a minimum of RM30 million, hence it is still in the midst of finding other underwriters to underwrite another 200 million shares worth RM20 million.

The group is looking forward to this partnership, which further reinforces the group’s sustainability agenda, particularly its commitment to reducing carbon emissions.

iMAZING Realty group director, Gary Lok: It will enhance our brand image to help prospective clients get a sense of what it might be like to work with us in helping them get their dream properties.

If found guilty, the duo could face imprisonment of between six months and five years, with whipping, and are also liable to a fine.

Prime Minister Justin Trudeau’s Liberal Party: The desirability of Canadian homes is attracting profiteers, wealthy corporations, and foreign investors.

Move “is part of the company’s succession plan and is in line with its growth strategy, after commemorating its 20th anniversary last year”.