The ministry announced in a statement on Tuesday (April 5) that a complete application needs to fulfil three set conditions before it is given proper consideration.

Without specifying the problems, he said the state government was confident of tackling the issues faced by the project, which comprised three packages that were targeted to be completed by March 2025.

Investment analysts covering the stock believe that Gamuda can unlock the value of its highway concessions through the deal and that this will strengthen the group’s balance sheet, lower leverage, reward shareholders with special dividends and reduce borrowings.

Westports, authorities and external parties are still ascertaining the extent of the damage, and how many containers have been affected, the group said in a filing.

With the business model being disrupted by the usage of technologies, how will property agents navigate the scene? Will they be enabled by technologies in their way of doing business or will they be displaced by technologies? 

This represented 66.2% of the total 300,397 property transactions recorded in 2021 and 53.1% of the total property value transacted of RM144.87 billion, based on data released by the National Property Information Centre (NAPIC), which operates under the Finance Ministry’s Valuation and Property Services Department (JPPH).

The year 2021 saw 300,497 property transactions worth RM144.87 billion recorded, up 1.5% and 21.7% y-o-y respectively, NAPIC said in a statement in conjunction with the release of its Property Market Report 2021.

PPC chairman Datuk Tan Teik Cheng said PPC and PPSB welcomed the Third Link Project, nonetheless, the growth and viability of Penang Port should be given emphasis in the interest of Penang.

According to a press statement, the three business lines of CBRE|WTW will be renamed as CBRE WTW Valuation & Advisory Sdn Bhd (formerly known as C H Williams Talhar & Wong Sdn Bhd), CBRE WTW Real Estate Sdn Bhd (formerly known as WTW Real Estate Sdn Bhd), and CBRE WTW Property Services Sdn Bhd (formerly known as WTW Property Services Sdn Bhd).

Under the JV, Europlus is entitled to get RM62.11 million in return for granting JMSB the exclusive right to build homes on the plots — comprising 411 units of double-storey terrace houses on one of the plots (Land 1 measuring 11.3ha), and 710 units of double-storey terrace houses on the other plot (Land 2, measuring 20ha).