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Of note, are the 112-acre Tropicana Grandhill and Tropicana Paradise, an integrated development and the next phase of the Tropicana WindCity masterplan.

“We are taking this opportunity to show our gratitude towards our highly valued customers with limited-time rebates.

The substructure works are for two blocks of 47-storey serviced apartments comprising 453 units, with existing commercial development comprising a five-storey retail mall and two levels of basement parking.

Datuk Wan Selamah Wan Sulaiman, 68, was appointed as the group’s independent and non-executive in January 2016.

Earnings per share rose to 1.

The real estate investment trust (REIT) said it had initially expected last year's strong recovery to taper off this year considering that there were no more special Employees Provident Fund (EPF) withdrawals, and due to a higher cost of living which may dent consumers’ spending power.

Sentral REIT said the acquisition of the building from MRCB’s wholly-owned subsidiary Puncak Wangi Sdn Bhd, will be satisfied with cash raised through a combination of equity and debt funding exercises.

“The carefully planned landscaping enhances the overall aesthetic appeal and allows residents to immerse themselves in the natural beauty surrounding them.

The WORQ with DE Rantau programme is estimated to inject RM360 million into the Malaysian economy by supporting 6,000 highly skilled workers, as well as enabling new businesses in the economy.

IJM adds that the combined capabilities of the two groups as civil and systems contractors enable the offering of more comprehensive and turnkey solutions for local and international rail project bids.