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S P Setia said the disposal of the land was conducted through its subsidiary Pelangi Sdn Bhd and was completed earlier in the day with Senibong Island Sdn Bhd (SISB).

Azam, however, disclosed that Lai is being investigated for embezzlement and abuse of power for his role as the former chairman of the joint management committee, while Lo was sought to help with investigations.

The offices will be fully refurbished to provide energy-efficient, grade A+ accommodation targeting BREEAM Outstanding, WELL Core “Platinum”, and NABERS UK 5 Star Design for Performance certifications.

Ami said reaching the COD for the Merchang Hybrid Solar Energy Plant demonstrates the group's commitment to becoming a significant contributor to the country’s net zero ambitions.

"We anticipate a successful transformation that will see Encore Melaka thrive as a premier cultural destination.

With this deal, EcoWorld has joined other companies that have ridden the recent wave of artificial intelligence, particularly in data centres, which has swept through the capital market in Malaysia.

The group also received certificates from the Ministry of Housing and Local Government (KPKT) at their awards excellence ceremony to celebrate the gold award winners of the FIABCI World Prix D’Excellence Awards 2024 in Putrajaya on June 7.

MRMA was established in May 2010, as a collective representation of the Malaysian real estate investment sector and to establish an environment for more investments into high quality real estate in Malaysia.

Sime Darby Property chief marketing and sales officer Datuk Lai Shu Wei: “We are thrilled to embark on this health and wellness journey with Technogym.

LSH Capital said that its subsidiary, LSH BEST Builders Sdn Bhd, and Service Master (M) Sdn Bhd formed LSHBB-SMMSB JV, which received a letter from the Public Private Partnership Unit, Prime Minister’s Department (UKAS) on June 7, informing them of the government's agreement in principle for the operation and maintenance management of KL Tower.