1,340 units changed hands in April and May (during the circuit breaker). That is “almost 40 per cent (3,391) of the level of transactions in the same time period last year”.

Ireka said the demerger sees a complete separation of interests between the two companies.

The agreement sees Aseana buying back Ireka’s shares in Aseana and agreeing to the distribution of certain assets owned by Aseana to Ireka.

The 73-year-old has served Sime Darby as a member of the board since December 2008.

The temporary prohibition order will last until the disposal of an asset forfeiture application by the Malaysian government.

"We have made the difficult decision to implement a one-off workforce rationalisation," RWS announced in a statement.

"I hope that they will expedite their declaration. This goes to the deputy ministers and MPs (members of Parliament) as well."

The JB-Singapore RTS was approved and launched in 2018 but was reviewed by the previous government, which led to its deferment, similar to the KL-Singapore HSR project.

“The counsel for the defence is not well and has to take medical leave. The court is vacated today.”

The media group iis currently operating from four locations with space of over one million square feet, which it described as "above required space".

Rented for: RM10,000 (RM2.90 psf); Concluded by: Wennie Liew (REN 16099) (012-233 3013) of IQI Realty Sdn Bhd; When: March 2020