The first two towers – Tower A and B, have seen 80% of the 455 condominium units snapped up after the project was unveiled last year.

WeWork currently occupies 56,977 sq ft of space within the REIT’s 3.89 million sq ft portfolio and contributes 2.5% of its cash rental income as at June 30.

Teoh disposed of 20.13 million units in the REIT in an off-market transaction that was announced on the stock exchange today. 

His appointment follows the departure of former KWEST CEO Sufian Abdullah. 

The initiative of the exemption from late payment charges refers to charges imposed on employers who fail to remit their EPF mandatory contributions by the 15th of every month. 

Its tender book consists of bids from the private and public sectors, including essential projects such as hospitals and healthcare facilities.

The 20-storey 61 Robinson was formerly known as Robinson Centre, ARA Private Funds acquired the asset from Taiwanese billionaire Tsai Tseng-yu in 2017

A total of 21.37 million people or 65.4% of the nation’s population had received at least their first dose, including 17.18 million or 52.6% who were fully inoculated.

A total of RM7.7 billion was recorded in terms of foreign investor capital inflow in August and this is the highest value since June 2020.