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The construction and property company said Lim holds a 58.

“If the response is positive, we will move on to the second phase with the Request for Proposal (RFP) stage to obtain detailed proposals from the selected consortia.

Furthermore, Maybank IB expects the 10-year Malaysian government securities (MGS) yield to lower to 3.

Magna Prima saw its share price jump to a three-year high of 76 sen last Thursday before declining on Friday.

The guidelines function as a strategic tool, inviting developers and relevant parties to revitalise areas with untapped potential through a set of attractive incentives.

Kenanga said IJM’s acquisition of the Shredded Wheat factory site aligns with its UK expansion strategy, building on the success of the Royal Mint Garden project where it first partnered Network Rail, which is the owner of most highway rails in the country.

Maybank Investment Bank (Maybank IB) head of equity research Wong Chew Hann: In the private sector, you go into business because you want to make money.

On Thursday, Rapid Synergy Bhd replied to Bursa's query about the steep drop in its share price, saying its management is currently considering proposals to sell certain landed properties of the company and its subsidiaries.

Alora Residences is the first phase of 2Fifth Avenue, a 13-acre integrated development in USJ worth RM3 billion in gross development value.

Sunsuria executive chairman Tan Sri Ter Leong Yap said: “Sunsuria, in collaboration with Fuzhou (Gulou district) to build the Asean Digital Trade Industrial Park in Fuzhou, welcomes outstanding talents and digital companies from China and Malaysia to join us and promote the developments of the digital economy in China and Malaysia.