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On property outlook, Glomac is cautiously optimistic of the improvement in the property market in the FY2025, amidst ongoing concern over higher construction cost.

"LBS Bina's land bank (as at end-May) totalling 2,661 acres will continue to drive growth and profitability, while reaffirming its commitment to maximise shareholder value and deliver sustainable long-term returns,” said its executive chairman Tan Sri Dr Lim Hock San.

Solarvest said the proposed acquisition is to allow the company to set up its new headquarters and own a permanent business premises for growing its business, operations and staff strength.

The cutting of blanket diesel subsidies has increased the cost of construction materials like quarry products and ready-mix concrete, indirectly affecting the industry, as the majority of construction contracts are fixed-price lump sums, said MBAM and PKBM in a joint statement on Thursday.

The independent assessment was initiated after its former statutory auditor, Baker Tilly Monteiro Heng PLT, issued a qualified opinion on a sum totalling RM1.

In a statement to the media, lawyer Lai Chee Hoe said MACC’s claim that he was being investigated for embezzlement and abuse of power for his purported role as the former chairman of a joint management committee (JMC) of a property was never mentioned to him when he was detained.

After the share sale, Lim holds a 4.

DONE DEAL: Condo, Verticas Residensi, Bukit Ceylon, Kuala Lumpur DONE DEAL: Terraced house, Taman Desa Melati, Seremban, Negeri Sembilan Damansara Perdana makes up one of the points of Petaling Jaya’s Golden Triangle, with the other two being Bandar Utama and Mutiara Damansara.

MRT Corp reported that the maintenance depot in Wadi Hana, Johor Bahru — a main railway infrastructure component — has achieved a progress rate of 82.

Housing and Local Government minister Nga Kor Ming: “Their achievements not only elevate the standards of our local real estate industry but also enhance Malaysia's reputation on the international stage.