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“Core inflation eased to a lesser extent compared to headline inflation but the direction implies that inflationary pressures are easing.

The court also considered that there was no approval from the land owner for True Renaissance to continue with the project.

The remarkable increase of SkyWorld’s PAT was contributed by revenue generated from ongoing projects such as SkySierra Residences (The Valley), EdgeWood Residences, SkyVogue Residences, SkyAwani III Residences, SkyAwani IV Residences, SkyAwani V Residences and the sales of completed inventories mainly from SkyMeridien Residences.

Tan has served as a board member in the Board of Valuers, Appraisers, Estate Agents and Property Managers (BOVAEAP), in which time he has held the role of chair of the Estate Agency Practice Committee (EAPC).

“This new development will reinforce SCIB’s financial stability and robustness and pave the way for future growth opportunities, thus creating long-term shareholder value.

Pestech added that during this two-year extension period, PTech received no loss or expense payments for the contract prolongation.

GUH said it agreed to the out-of-court settlement, as continuing the legal dispute is costly and time-consuming.

The entire contract was originally valued at RM90 million and awarded to Cosmo in November 2021.

Other major contracts bagged by the group this year include a RM37.

SunCon said the project is expected to contribute positively to the earnings of the group for the financial year ending Dec 31, 2023 onwards.