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Chin Hin said it sold 44.

Gregory David Shaw was appointed CEO of Mulpha Australia Ltd, a wholly-owned subsidiary of Mulpha International, in 2015 before taking on the group CEO role the following year.

Developed in collaboration with Yayasan Sabah, the project comprises four towers and a retail park integrating 1,754 commercial serviced suites, 112 corporate office units and approximately 300 retail shops (across 70 en bloc buildings).

Dormant licences will be revoked, and future approvals will be subject to stricter criteria, including market conditions, technology adoption, and alignment with low-carbon objectives.

The partnership aims to attract global technology firms to JLG’s industrial assets, including the Ibrahim Technopolis (IBTEC) and developments within the Johor-Singapore Special Economic Zone (JS-SEZ).

The potential listing of two real estate investment trusts (REITs), which CGS International is confident will materialise, will lower IOI Properties’ gearing levels, the house noted.

There would be a slew of contract awards in the next six- to 12 months, and positive headlines from the upcoming Budget 2026 to be tabled in Parliament in October, the research house noted.

The property developer, originally set up in 2013 to focus on foreign projects, in May proposed to change its name after announcing a planned pivot to the Malaysian market.

The stronger earnings were mainly driven by the RM402.

Paramount bought the stake in EWI for RM170.