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According to its 2022 annual report, as at Dec 30, 2022, executive chairman Tan Sri Ter Leong Yap is the largest shareholder of the company with a direct interest of 168.

The research house said Malaysia's construction activity in the second quarter of 2023 expanded for the fifth straight quarter since 2Q2022, reporting an increase of 8.

Of the 12 leases, AME REIT has successfully renewed leases with five existing tenants, obtained one replacement tenant, and confirmed lease renewals with six existing tenants, which will be finalised by end-FY2024.

Perak Corp acquired the land on Sept 23, 2013 at the cost of RM2.

CIDB chief executive officer Datuk Ahmad ‘Asri Abdul Hamid: The launch of IBS Homes and IBS Homes Catalogue marks a turning point in the construction industry.

“The increment (in 2Q2023 construction value) was supported by double-digit growth in the civil engineering sub-sector, which grew by 10.

“I am cautiously optimistic on the Malaysia property market going forward in the short-term perspective.

Datuk Seri Sundarajoo Somu: This is something I’ve always been very passionate about and I want to do it for one term, at least.

The group said its wholly-owned subsidiary LLB Bina Sdn Bhd has signed a deed of mutual termination with the land owner, Premier Land Resources Sdn Bhd, to terminate the agreement in relation to the acquisition entered in January last year.

A fortnight ago, IJM emerged as the largest shareholder of Pestech after subscribing for 800 million shares or a 44.