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One reason the government has not mandated the BTS model is that, based on the National Housing Department’s assessment, the industry chain is not yet fully ready, while mandatory implementation could also favour large corporations at the expense of SMEs, which play a critical role in developing small towns and rural areas, said Minister of Housing and Local Government Nga Kor Ming.

“Mobility, emissions, and population data exist, but they’re scattered and not easily accessible.

“PBTs that demonstrate 'green' and consistent performance will receive additional allocations, those with '’yellow' performance will have their allocations reviewed, while PBTs that receive a 'red' status will see their allocations reduced or even cancelled.

This is the third extension granted to Meridian since it was classified as a PN17 issuer in April 2024.

The non-binding MOU outlines a partnership model intended to connect Asean and global capital markets with ready-to-develop industrial zones in Johor.

Minister in the Prime Minister's Department (Federal Territories) Datuk Seri Dr Zaliha Mustafa said the special task force would coordinate negotiations between developers, government agencies and local community representatives.

PNB and the EPF, in a joint statement on Wednesday, reaffirmed their commitment to the project, citing their confidence in its prospects and potential upside.

Its NPI for 1QFY2026 rose to RM29.

Bukit Damansara, Kuala Lumpur bungalow sold for RM4.

IJM said the contract was awarded by Pearl Computing Malaysia Sdn Bhd, a subsidiary of Raiden APAC Pte Ltd, to its wholly-owned unit IJM Construction Sdn Bhd.