Through the UDA Investment and Property Management Division (UDA PIMD), the company has established a strategic partnership with Easybook (M) Sdn Bhd (Easybook) to manage the terminal.

“[We are considering this Act] to govern the protection of the interest of purchasers, developers and landowners. [This] not only will apply to residential properties, [but also] to commercial properties."

AME Elite climbed as much as 10% or 18 sen to RM1.96 during the morning session. The counter settled at RM1.78 at Tuesday’s noon break, valuing the construction company at RM1.14 billion.

YNH said a land search conducted on Feb 26, 2024 revealed the caveat lodged over the property on Sept 25, 2023 and an endorsement dated Sept 29, 2023, pending registration, accompanied by remarks indicating “Hakmilik Kekal Ambil Balik Sebahagian Tanah” for an acquisition.

DBKL had also been directed to improve its Shade Tree Management Plan, and to develop new guidelines related to aged or high-risk trees, to prevent similar incidents from recurring.

Nonetheless, this was partially offset by a better performance of the hospitality division, thanks to higher occupancy and better average room rates.

Tax incentives to attract investments into the finance sector in the Forest City Special Financial Zone (SFZ) are expected to be finalised by the end of May.

Gagasan Nadi Cergas Bhd (KL:NADIBHD) launched its latest affordable housing project named Idaman Amani in the City of Elmina, Selangor on May 11 (Saturday) in conjunction with the opening of the Gagasan Nadi Cergas’ Galeri Idaman sales gallery at Kwasa Damansara, according to a press statement on Monday.

IOI Properties Group Bhd (KL:IOIPG) has announced the resignation of its chief financial officer Melissa Tan Swee Peng effective from June 3, after having served the company for about two years.

Paramount Corp Bhd (PCB) will continue to invest and grow its land bank in Malaysia to sustain its growth while looking for opportunities to expand overseas.