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The 96,720-square-metre land in Kulim, Kedah is expected to be developed in phases into a manufacturing facility that would more than triple its annual production capacity once fully-completed in June 2028, PGF said in a statement.

“Their resignation was based on mutual consent to enable the company to benefit from fresh perspectives and views of another audit firm,” said Bina Darulaman.

Following the disposal, Chiau’s shareholding in NCT has fallen to 74.

Almost half the respondents reported having unsold completed residential units, citing the top reasons as loan rejection, low demand and bumiputera lots.

IOI Properties group chief operating officer Teh Chin Guan: "With three industrial parks, including one under planning, in industrial growth areas such as Johor, Selangor and Melaka, I am confident that the launch of the IOI Industrial Park series readily positions the group as one of the premiere industrial developers in the country.

The freehold plots, measuring 56,231 sq m, are free from encumbrances and only meant for industrial purposes (warehouse).

Spread across four acres, the three-storey mall has a total net lettable area of 200,000 sq ft.

A news report last week revealed that Concorde Hotel Kuala Lumpur is up for sale at nearly RM700 million, along with the adjacent land.

The Jesselton Docklands 2 project is part of the broader Jesselton Waterfront City plan, which includes tourism and commercial features connected to key landmarks such as Jesselton Quay and the Sabah International Convention Centre.

CapsuleTransit MAX (short for Malaysia's Authentic eXperience) can rival any five-star hotel with its 46 premium beds, a lounge, a spa and a fully equipped gym.