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The project will be fully funded by Malaysia Airports Holdings Bhd (KL:AIRPORT), or MAHB, through an investment-recovery model, without the need for government guarantees, Transport Minister Anthony Loke noted.

In a bourse filing on Tuesday, SEB said the counterclaim was filed by CN Eleco Engineering Sdn Bhd in a follow-up to the original suit filed by MIE Industrial Sdn Bhd, a majority shareholder of SEB with a 69.

Hartanah Kenyalang is involved in construction services targeting institutional buildings such as schools and other public buildings, as well as infrastructure focusing on bridges and roads.

The company said it will focus on the timely completion of its on-going development projects, monetisation of its inventories and prudent financial management to navigate the evolving market environment.

Atlan had previously announced in October that two lands belonging to its two indirect wholly-owned units — Cergasjaya Sdn Bhd and Cergasjaya Properties Sdn Bhd (CPPA) — had received notices for the compulsory acquisition of two pieces of land in Bukit Kayu Hitam.

Construction is expected to commence in 2025 and take seven years to complete.

DONE DEAL: Terrace house, Taman Puchong Perdana, Puchong, Selangor DONE DEAL: Condo unit, The Troika, Persiaran KLCC, Kuala Lumpur Kapar, Selangor, is set to see major growth as an industrial hub, with approximately 531.

The construction and property development outfit revealed that its withdrawal as the developer of the project was due to a change in the requirements made by Perbadanan Putrajaya.

UEM Sunrise CEO Sufian Abdullah said HomeClick aims to provide an innovative and seamless experience by integrating the core aspects of the property purchase process, including loan application.

The Langham, Kuala Lumpur will have 189 guest rooms and suites, and come with amenities such as a sky pool, Hong Kong’s three Michelin-star T’ang Court, a bar, Palm Court eatery, fitness centre, banquet halls and meeting rooms.