The acquisitions will come from its parent Johor Corp as well as external and third parties, said Datuk Kammaruzzaman Abu Kassim, the chairman of Damansara REIT Managers Sdn Bhd which managers Al-Salam REIT.
The new building will comprise three office towers on top of a retail podium and come up on four acres of land named Lots L, L1 and M next to the mass rapid transit (MRT) KLCC East Station near Jalan Binjai in Kuala Lumpur.
"Singapore's current policies will be way ahead of us but I think the SIT (Singapore Improvement Trust) and HDB flats may still be relevant for Malaysia..."
Penang Chief Minister Chow Kon Yeow said the proposed Penang South Reclamation (PSR) project – which entails the reclamation of land to create three islands that measure 2,000 acres, 1,300 acres and 800 acres – was to raise funds for the PTMP which costs billions of ringgit.
“Traffic conditions are expected to worsen if intervention measures are not implemented.”
MBI has been given seven days to clean up the area.
The letter had requested political appointees and those sitting on the federal territories statutory body including advisory boards to leave on their own accord, said MCA’s Ng How Doo.
Part of the reform agenda at the local government level and towards local council elections.
Pest droppings were discovered in their premises, while their fridges were found to be dirty.
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