News by Emir Zainul

At 3.05pm, IWCity was trading up 6.5 sen or 8.67% at 81.5 sen, after 41.8 million shares traded so far. 

"We are pleased to welcome Datuk Sri Amrin as our new managing director. We are confident that his experience and proven track record will help steer the group forward."

In a joint statement, MRT Corp and Cyberview said this is the first agreement signed for a development project under Selangor's public infrastructure oriented development policy that was introduced in 2017.

“PNB already has a REIT [listed on Bursa] called AHP (Amanah Harta Tanah PNB). So for the time being, PNB has no plans to add another REIT.”

Gadang will be calling for an extraordinary general meeting to seek its shareholders' approval for the proposed variations.

The government has also distributed the payment for the first phase of BSH worth RM300 to 4.1 million households involving an allocation of RM1.2 billion on Jan 28.

Damansara Realty said its wholly-owned subsidiary Damansara Realty (Johor) Sdn Bhd (DRJ) had entered into a sale and purchase agreement today with Malek for the purpose of the disposal.

Vertice said that the withdrawal is not expected to materially affect the earnings and net assets of the group

"BBCC [Development] has been advised and is of the view that Zelan has no legal basis for any claim against the company and will contest any proceedings brought."

30 sites with 6,816 units are unsettled due to the impact of financial problems in 2016.