News by Halim Yaacob

MGB targets first KTIP anchor in 2027 following MIP support

Sunway Construction also won the construction sector’s highest return on equity (ROE) award and the award for best corporate responsibility initiative among companies with a market capitalisation below RM10 billion.

Aneka said its wholly owned subsidiary Aneka Jaringan Sdn Bhd received the letter of award on Sept 22 and accepted it on Sept 23. The letter, dated Sept 14, was issued by WDA Architects Sdn Bhd for and on behalf of Exsim YKS 54 Sdn Bhd, the project employer.

Gold Li said revenue fell 25.4% to RM7 million from RM9.38 million in the first quarter, mainly due to lower sales of completed properties. Gross profit declined to RM1.67 million from RM3.02 million.

The developer cited its PGB-GSP AutoPark in Iskandar Puteri, proposed industrial park in Sedenak and conditional land sale in Tanjung Kupang as examples of the approach. The projects and transaction had been announced previously.

The tower will comprise 673 apartments, while the wider Melbourne Square precinct is being developed by OSK Property in a joint venture with Malaysia’s Employees Provident Fund (EPF). 

HBA honorary secretary-general Datuk Chang Kim Loong said the association had for years made recommendations on housing affordability, purchaser protection and troubled developments, but questioned whether another submission would receive meaningful consideration.

Called Nemotron-Personas-Malaysia, the dataset was generated from 150,000 base records using probability distributions drawn from published Malaysian demographic statistics, YTL AI Labs said.

The RM23.79 million final dividend will be paid on Oct 16 to shareholders whose names appear in the record of depositors on Oct 2.

The property developer said the withdrawal was to facilitate “essential updates” to the documents submitted on Aug 18. It did not specify the updates or say when it might resubmit the documents.