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Haily said its wholly-owned subsidiary, Haily Construction Sdn Bhd, has accepted a letter of award issued by Razin Architects Sdn Bhd on behalf of Kews Senibong Sdn Bhd, according to a bourse filing on Thursday.

Transport Minister Anthony Loke assured that the ministry and MAHB are committed to ensuring the project runs smoothly and on schedule.

Vestland intends to fund the proposed office acquisition via internally generated funds, while the proposed warehouse acquisition will be funded through a mix of internally generated funds and bank borrowings.

In a joint statement on Friday, the companies said that the project is related to phase three of Arden @ One Bukit Senyum, which is slated to launch in the fourth quarter of 2024, with construction expected to be completed within 48 months.

Economy Minister Rafizi Ramli said this approach aims to prevent the government from repeating past mistakes and to mitigate the risk of wasting taxpayer money on infrastructure.

In its 10th anniversary celebration last week, the agency also signed a new MOU with EdgeProp to expand its market reach and sharpen its competitive edge.

The price of the house depends on the type of unit you are looking for.

In April, Brunergy Utama Sdn Bhd, a company based in Brunei, claimed that it would implement the US$70 billion (RM330 billion) project in two phases, involving a route spanning over 1,600 kilometres with trains capable of reaching speeds up to 350 km per hour.

The 30-month projects entails the addition of seven units to the existing four of a two-storey heritage building, and the conversion of two units from residential to commercial, as well as the construction of a 29-storey serviced apartment building in George Town, Penang.

Naim Holdings said the disposal is part of its commitment to ensure long-term sustainability in its business operations in a tight property market dominated by substantial unsold properties.