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“After KL, the three most expensive states for sub-sale homes are Sarawak, Sabah and Johor.

YNH's announcement came three months after the group made a delayed announcement relating to a land deal that took place in April 2022, which it had failed to disclose at the material time.

The planned development involved a five-storey hotel with a two-storey basement under the Moxy brand, a segment of Marriott’s millennial-focused brand.

With the SPA terminated, the parties will now revert to the development rights agreement inked, it said.

Dawn, KLCC is located less than 385m from KLCC and within sight of the Saloma Bridge, while Aricia Residences is “in the heart of Sungai Besi”.

Arika@Kubang Kerian is a 42-storey service apartment located 700m from USM Health Campus offering 668 fully furnished apartment units as well as 26 shop units.

Located in the heart of Serenia City and fronting the 32-acre Serenia City Central Park, The Corak offers 98 units of 2-storey shopoffices and one drive-thru with built-ups from 3,358 sq ft to 5,233 sq ft, and selling prices ranging from RM1.

The combined GDV of these two projects is about RM1 billion, with both slated for completion in 2026.

"Genting Malaysia wishes to state that neither the company nor Lim was involved in any such discussions or meetings, and the claims made were untrue," it said in a statement.

In a statement on Sunday, BCorp said it trusts the police will take necessary action in conducting their probe into this matter.