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The property developer will now place up to 181 million new shares at a lower illustrative price of 36 sen per share to raise RM65.

It cited extensive time taken by the new management team to assess the adequacy of information/documents required for finalising the audited financial statements as reason.

Upon completion, Widad Langkasuka will become a tourist city building on the model of Malay vernacular architecture, a global community based on the archipelago's heritage of designs that adopt local tropical features that are green and eco-friendly.

"As businesses embrace sustainability due to its growing significance — components such as Landscape Replacement Area, Green Plot Ratio and Green Mark Ratings have been included as part of the judging criteria in our merit-based awards.

Seni Jaya said its wholly owned subsidiary Seni Jaya Sdn Bhd has entered into five sale and purchase agreements (SPAs) with UOB Equity Sdn Bhd for the properties.

The mall uses a Thermal Energy Storage system, which is a highly energy-efficient cooling system that chills water during its non-operational hours.

HBA notes that further improvements could and should be undertaken by the government, namely to the new pegged fee of RM500 should not only take effect prospectively but retroactively (but not to the extent of making the liquidators refund any “overcharged fees”).

Keck Seng said the development is expected to be completed within three years, with all costs and expenses to be borne by Pasir Gudang City Council.

The recovery of the hospitality sector in the UK, arising from the relaxation of lockdowns and the reopening of borders for international travel, presents an opportune time for Atlan to enter the hospitality sector in the UK.

The logistics services company and Impian Nuri Sdn Bhd have mutually agreed to terminate the deal, after a condition precedent could not befulfilled by the Oct 31 deadline, said ILB in a bourse filing.